All Forum Posts by: Lenny B.

Hello, I have a tax preparer who basically punches in numbers that I provide into her tax software and tells me how many tens of thousands of dollars I have to pay in taxes in addition to the W2 withdrawals. No advise or optimization. 

id love to find a tax advisor and possibly preparer who can help with tax strategies for high w2 earners with several cash flowing duplexes and furplex, all of them in California. We live in California too. Thank you!

Hello everyone,

I’m Looking for investor friendly realtor in Guerneville, CA, Russian River area. 

Thank you for your recommendations.

@Tim Key I curious what is your net cash per door in Indy? The reason I am asking is because I have been reading that a typical cash flow is around $100 per door.

When did you buy a condo there for $260k? Would your model be profitable if bought it at today’s prices?

Hello everyone,

I'm trying to figure out what can real estate agent that is representing sellers can do if the house is not selling? In our case, The house is a bit unusual for the neighborhood. It's a highly desirable area in mid Peninsula San Francisco, but the highest is 25% larger than A typical house in the neighborhood. The average price per square foot around us is about $1200, our price is under $900 for a house in great condition over 4000 ft.². Assuming the price is reasonable, What can real estate agent be doing besides open houses on the weekends? Assuming the house is on MLS and syndicated to all the major real estate sites like Zillow and redfin, what else can be done in addition to weekly open houses?

Hello, I am working on purchasing a duplex in Oakland, CA and looking for a local attorney that can help me set up a single entity LLC, review all the lender docs and help with the condo conversion legalities. Any referrals are appreciated.

thanks,

Lenny

I am in the process of negotiating on a purchase of a duplex in Oakland that I plan on converting to condos. Does anyone know of an entity that can help navigate all the steps in the process? Whether it's a law firm or surveyor company? Thanks.

Hello,

I am considering buying a duplex in Oakland California that seems to have good bones, but needs a substantial makeover - new exterior, roof, plumbing, electrical, foundation work, and interior. There is a lot of interested in the property and our agent tells us that we should do as much research as possible and give an offer without an inspection contingency if we want to have a chance at getting this property. There is already a termite report and bid to fix it ($100K+), title report, seller questionnaire and disclosure statement. We are planning to get a foundation inspection and estimate. In the end, the plan is to fix and flip or to do a condo conversion (which I know requires a bunch of other reports, etc.)

If we decide to put an offer without inspection contingency, are there other inspections/reports I need to get to make sure I don't buy a lemon? Like the environmental report, etc.

thanks,

Lenny.

Came across this article https://www.msn.com/en-us/money/markets/the-next-housing-crash-could-be-caused-by-weather-not-wall-street/ar-BBPiaJq. Surprised to see San Mateo and San Jose in a list of top 10 coastal communities with the highest property values at risk of flooding. How come? 

Hello, I am looking for a reliable landscaping/gardening service (company or individual) to service my fourplex in Rancho Cordova. I need someone to come out twice a month and do a basic cleaning/sweeping, occasionally cut the grass, etc.

Any referrals would be appreciated.

thanks, 

lenny