I am a person who needs to make his own mistakes. Doesn’t matter how much you tell me OR EVEN how much I believe you. I need to burn my hand on the stove, but I get an awful lot of private messages asking questions ...
i just bought a house in HOA foreclosure and it has a first lien mortgage on it, if i pay off the mortgage and previous owner claim the house in redemption period does he have to give me back the mortgage pay off amou...
Any insights into SB584 that places 15% tax on STRs but exempts hotels to fund housing situation? It seems bone crushing high for guests. If you were a new investor in CA market, this tax will lower your occupancy r...
So I got sick of those calls where they didnt have enough equity for me to buy but they still needed to sell. I guess after the 20th one or so, I thought hey why am I throwing this money away and ending the calls with...
I own two SF rentals in San Antonio, Texas and before I buy a third one, as per the popular suggestion, I wanted to move both homes in to an LLC for asset protection and minimizing personal liability. However, as I st...
I see a lot of apartment syndicators lately...of pushing deals that to me - are MARGINAL at best and downright RISKY at worst.I mean I see deals where the project IRR is only 15%-20%. That level of IRR is MARGINAL and...
I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
Hello! Well, this is a brain tickler. So we purchased a retail property at the end of 2022 with seller financing: 5 year term, 30 year amortization, 0% interest. Payments are $2k per month. Three year option to extend...
I'm in a bit of a unique situation here, but maybe not so unique as I'd imagine many investors are in something similar right now with recent appreciation, inflation, etc. Situation: I currently own one rental propert...
Hello all! 25 Yo from SoCal. Been researching for the last couple weeks and just got pre approved with my friend who is a lender for up to 600k purchase price on an investment property loan with 20% down. Ideally thou...