I'm new here --we bought a 5 unit rental property in Hillcrest (San Diego, CA) for $411k in 1999. It has a positive cash flow now as we've remodeled and raised rents over the years. I manage the property and we live n...
Ok I have acquired over 120 units of rental property and have used the following rules: 1) Purchase properties in areas that have a geographic Impediment to growth. 2) Don't purchase a property that you wouldn't be w...
Hi Guys , Long time learner/ lurker and first time poster. Im sure this has been brought up in the past, but what is the recommended strategy in SoCal? This is our first investment and we're literally pulling our ha...
While travelling with my good friend who is a fellow real estate investor, and giving him a hard time for investing in what I considered mediocre returns in his local market, he really one-upped me. He gave me t...
To be fair, I'm posting this as much for investors as I am for other Realtors. Partly because in times like these (or any market really) seller concessions can be an excellent tool for improving buyer conditions, but ...
I am trying to implement the house hacking strategy here so there is this condominium.Asking price $115,0003 BR 2 Bath1008 sq ftHere are my expenses that I've accounted for when analyzing it with an FHA loan 3.0% inte...
Hey everyone,So I am about to close on my fist rentals. It's insane. I completed my first flip, it went through three potential buyers that all ended up with lending issues, and finally is just now selling a year lat...
Wondering if anyone ran across something like this and how best to tackle it? I had an agreement to purchase a multi family property last year but wasn't able to for certain reasons. Now I'm ready, but seller has adde...