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All Forum Posts by: Javier Rosales

Javier Rosales has started 26 posts and replied 67 times.

Post: Inflation and effects from it

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

Prices going up on RE is what am worried about, I still got another year before am back in the market to purchase again. hopefully by end of 2023 prices on properties will be going down

Post: Inflation and effects from it

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

Hi BP community. As we are experiencing odd times back to back. you know Corona, shut downs, rise in gas prices, possible WW3. what affects can all this have on RE and REI?

Post: Legally, how much can I raise the rent on a tenent?

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

@Sanjeev Advani yea your right might want to Waite after a year maybe. Kern county is 9%!! i dident know that

Post: Legally, how much can I raise the rent on a tenent?

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

@James Tasso @Malcomb Stapel their on a year leas, and my rental is in Bakersfield

Post: Legally, how much can I raise the rent on a tenent?

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

Hi BP, am planning on doing a shower remodel, to attend to my tenants needs. I was thing of raising the rent after the remodel is done. How much can I raise it?

Post: doing a small shower remodel

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

Hey BP family, am looking for a contractor in Bakersfield Ca to do a shower remodel, take out the tub and put a shower pan with glass doors. if some can referral a contractor i would greatly appreciate that thank you

Post: rent control in California

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

what's the Max rent increase i can do on my units

Post: Tenants Who Pay a Full Year Upfront

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

@Kevin Hunter oh ok, I was still in High school than. what do you have going on now

Post: how to protect my property

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

If I would transfer my property to my LLC, than the mortgage company would call the loan due, right? I've asked my CPA if it would smarter to do that, put the rental under the LLC. He said it would not be a wise move. Only because I would pay more tax's due to the income. Setting up an umbrella policy would sound better, but I also head. I should Waite until I get my second rental. Than get the umbrella and trust.

Post: Insurance should cover it right?

Javier Rosales
Posted
  • Los Angeles Ca
  • Posts 68
  • Votes 10

thanks for the good insight. Im on the way to purchasing my second. on my first insurance poilcy i have it at 300,000 thousands. i wanted 1 million. the insurance agent recommended the 300,000 

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