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Economic Update
(Monday, July 27, 2020)
This week is a good week for real estate investors (particularly if you have a house for sale). Existing houses sales are up, new home sales are up, inventories are down...
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I recently built a large STR in the Dominican Republic. I have a few partners, but went over budget and personally funded the remaining construction costs. The STR has been successful, but I do not see me getting th...
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AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
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So apparently the ADU law (SB 1069) in California allows the addition of an ADU to a fourplex.Does anyone know if conventional lenders will still consider this to be a residential property?(Is it still a fourplex?)If ...
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I have read in the past of individuals interested in investing in Puerto Rico due to its current affordability. I am curious as to the opinions of others on this topic. My personal opinion is I would not invest in Pue...
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I just have a question for anyone active in SoCal; Are there any areas in southern/ central California where long term rentals cashflow, or is that impossible now with today's interest rates? Most of the deals I see t...
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I would like to hear from several of the historians here that went through the most recent housing collapse back in 2007 through 2010 regarding what happened to their buy and hold strategy in that kind of environment....
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Hello everyone, I am new to the forums here. I live in San Diego right now, and just trying to figure out what market makes the most sense for me with few connections outside of San Diego.
I am looking to buy my firs...