Dan H.
California proposes additional 25% tax for flippers
There is a bill proposed by Chris Ward district 78 called the California Housing Speculation Act that proposes charging a 25% additional tax (an income surtax) on the profit (above the regular tax collected on the pro...
Account Closed
What is your system for collecting rent?
I've always just collected checks on my SFR in the past and that has worked, but I could be closing on a triplex soon and I am worried collecting checks will turn into a headache. Does anyone have a system/app/program...
Stephen Bagnani
How Much Cashflow To Expect? FHA, Hacked MFH. Riverside County CA
Okay I am doing research on getting my first deal. I want to set up auto notifications with some real estate agents. Tell me if this is wrong.Hello Realtor X, Please notify me of all XX-plexes that come into the marke...
Account Closed
Asset Protection from Anderson Business Advisors or other firms.
I'm doing research on asset protection. Now another post started on here specifically talks about Anderson Business Advisors out of Nevada and another state (can't remember off the top of my head). They are the comp...
Rich Weese
Obama LOVES redistribution of wealth-even if NBC won't admit it!
Those that actually read news and watch actual news programs (doesn't include NBC and msnbc) have heard the tape of Obama "loves re-distribution". WH has admitted tape is accurate, but andrea mitchell says nbc can't v...
Krystin Aversa
Purchase A Home in CA or Invest Out-of-State?!
I’m currently paying 3k/month for a one bedroom apartment in the Bay Area. I’m seeking advice on what would be a better investment option/smarter financial decision: to buy a home in the Bay Area, or to continue renti...
Joseph Barbaretta
How much to give a GC upfront?
I've got a property that requires a pretty major rehab (asbestos siding, and needs new electrical, plumbing, HVAC, walls ....). I have a general contractor that I think will do a good job. I wanted to do the work as...
James Wise
Attention investors Don't be this guy.
Just got off the phone with another Realtor who showed one of my homes. Her clients gave me an offer that was 25% of the list price.Please folks Don't be that guy. Show some respect for others & their time. This ...
Rich Weese
Why do we invest?
In most instances, I would assume it is for two reasons. To generate passive income which will help eliminate the need to work and to help with our retirement.
Normally about this time of year, various magazines come...
Ivana Ivanovic
Help me figure out if I am crazy or...
Folks, I was talking to a turnkey company to buy an investment property, and looking at a few properties. Their pro forma sheet doesn't take into account ANY vacancy or repairs when calculating cash flow, and the rent...