Mikell Elliott
Tax Exemption for 1 year - Good or bad idea?
I currently work a full time job and plan to begin investing in real estate this year. A real estate investor from a certain real estate investment group (which charges $20,000 for a mentor lol) told me to go exempt f...
John Chace
How do you decide when to refinance?
I bought my first house (owner occupied 3 family) last year and starting to wonder if I should refinance it since I bought it using an FHA loan with 3 percent down-payment. Per Zillow it is estimated to be worth an ad...
Deanna Luna
House Hack - renting out a room short term or mid term
Hello everyone. I need to reduce my mortgage costs! It's my largest monthly cost. I don't have any other costs I can reduce. I am looking into converting or building a new mini ADU from where my current detached 1...
Yoselin Pearce
Investment property or primary residence first?
Hi there!
I'm a new investor just beginning my path to early retirement (woo!). I haven't purchased my first property, but I have saved up enough to finally consider buying.
I live and work in the Los Angeles / Oran...
Robert Carpenter
Property tax on an REO
Suppose you pay $120,000 for an REO with an ARV of $300,000 which needs $80,000 in repairs. Will the county reduce your property tax to reflect your $120,000 purchase price ?
Sam Rogers
Insurance settlement taxable?
I have a friend that recently received an insurance settlement that far exceeds the cost to repair the damage from a small fire at one of their rental properties. They made the repairs and now are left with a hefty wi...
Anthony Chao
Living for free in the Bay Area! 4Plex Househack
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Richmond.
Purchase price: $840,000
Cash invested: $29,400
Living for free in the Bay Area? Check. $5300 in rent coming i...
Carol Hensal
Non-Paying Tenant complaints
One of my tenants have not paid in months and I'm trying to get her evicted (Thanks CDC!). She's now complaining that some of her lights aren't working which is likely a breaker issue. Since this isn't a life th...
Dennis Constanza
House Hacking Rules in San Francisco or Los Angeles?
Hi everyone, Just found out about this community recently and have been trying to absorb information as much as a sponge through reading. Just graduated in 2020 and moving into tech sales. Have been doing some modest ...
David Quinn
Boston duplex house-hack
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Boston.
Purchase price: $530,000
Cash invested: $39,000
A duplex I house-hacked after doing a lot of renovations myself wi...