I own a property in Elk Grove (a suburb in Sacramento) that I'm looking at options to free up capital. We purchased the property in 2011 for 140k all cash. We've had the same tenants in place since we purchased the ...
I currently live in a duplex which is now for sale. I am interested in buying it, but I cannot make up my mind. Any advice would be appreciated. Pertinent information is below:The Property:The duplex is listed at $400...
I'm heading toward closing later this month on this property and though I think I've got a decent deal here, a second opinion would be appreciated.
I've found a SFH in a decent neighborhood, 3 br 2 bath, garage has b...
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 ...
Hey BPI'm looking at a duplex and trying to figure out if it's worth moving forward on. It's a quality asset, great location, units generally in good shape, although there is some value add (forced appreciation opport...
Currently reading Why the rich are getting richer by Kiyosaki and for the record enjoying it just as much as his other books that I have done.In Chapter 14 he gives the example of Mary a 40yr old W2 earner of 100K pay...
Hi all,I am working on my first multifamily deal and would appreciate any advice you can offer. I have experience owning and operating other forms of RE (SFH, Industrial) but have decided I'd like to go the multifamil...
Hello everyone. This is my first post since joining and I'm going to ask a question that has been asked a million times before. I hope this is the right forum for this question. How and where do I start?I'm not a you...
Technology's impact will not be an immediate end of jobs, but an increasing stress on wages and work environment. You will continue to be paid less for doing more.Owning income-producing assets (real estate, business...