Griffin Goudreau
Florida Rentals - Refinance to Conventional Loan 85% LTV?
Are there any lenders out there that can provide a cash-out refinance for an investment property at 85% LTV?
For example, I have a property worth 200k. PP = 110k + Rehab = 30k (All-in 140k). We want to keep it as a ...
Randy B.
Accelerated depreciation for rentals?
I have heard that depreciation can be accelerated on all but the land - which cannot be depreciated at all. After some investigation, it appears that even the building itself can only be depreciated for 27.5 years an...
Juan Carlos De Leon
LLCs and Trusts for First-Timers
Hope everyone is having a lovely Sunday. If anyone has any resources/books/insight for first timers looking to place their first rental property under an LLC, I’d greatly appreciate it. If there’s already an existing ...
Kevin So
Los Angeles area Rental Arbitrage
https://www.biggerpockets.com/blog/generate-10000-passive-income-monthly-quitting-day-jobIf anyone else read this recently, was wondering if you had similar experience with doing so in LA area. I was wondering how to ...
Karron Edwards
When do the title company steps in?
Hello.......Once you have a motivated seller and they for sure would like to sell their property, once you get the home info.......where do you search to find out if everything is ok with the home? Also is the only ti...
Susan O.
Do property taxes get Reassessed in California if changing Title
I'm converting all joint tenancy and tenancy in-common ownerships to LLCs Will this make a reassessment in prop tax? How about if I did a DST trust? Do trusts often reassess prop tax if new DST trust holds title?
Andy Eakes
Understanding rent control
I am about to make an offer on a 3 unit multifamily in San Diego, CA. I just found out about rent control here. In my reading, some of the articles mentioned that you can not raise the rent by over 10% every year. Oth...
Preston Phillips
Multi Family Owner Occupant - Tax Savings
Looking to buy a multi family (3 unit) owner occupant this year. Goal is to live in one, long term rent one unit and short term rental the bottom unit. Im reading the book on tax strategies volume 2, and I’m learning ...
Hugh Cross
How to negotiate purchase price to include reno/repair cost?
Can someone explain how deals are done to include repair costs in the mortgage loan amount? I recently saw that someone purchased a $140k property and got a $200k mortgage. If it appraises for $200k then do you just ...
Jorge Barboza Jr.
Rent Control Los Angeles County
Figured I would share this since I just saw it. Any thoughts out there?
Los Angeles County Supervisors approve a Rent Increase Moratorium in Unincorporated LA County with a 4-1 vote on September 11, 2018