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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 ...
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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...
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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...
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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...
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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...
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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...
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I have been listening and reading about this “infinity banking concept” and found it really interesting. Anybody currently using this? Pros and cons?
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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...
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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...
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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...