All Forum Posts by: Kartik T.

What is MTR? Where do folks find MTR? For example Airbnb is for LTR what is for MTR?

I am relative new to RE investing with 2 properties in SF. Looking from a mentor in SF Bay Area - someone with more experience that I can learn from and hopefully share some experience as well . Let me know if you are interested? 

Any good resources, recommendations, websites, training seminars?

I have some resident investments want to dip my toe in the commercial space

We are selling our investment property can anyone recommend a cheap painter - we need to get few rooms painted and patch up others 

Any recommendations on who anyone I should work with? We are looking to buy an investment property (1031 exchange) that will eventually become the primary residence in the Bay Area peninsula specifically and I am looking for realtors that specialize in this? 

Thanks

ok any good agents in Orange County, CA that can help me with this? Alternately what is a good place to find good real estate agents? Thanks

@Ken Teng l understand how letting equity sit is not making me money what would be some of my options say if I sell and have about 200k? 

ok good points. My mortgage rate on this is 4.75% so I am not sure if I can refi and be +ve cash flow? 

Hello new member here findings the forums very informative. Here is my situation and questions

I have 1 primary residence (Condo) and 2 investment properties (both condos) both of which are rentals. I am not a professional investor have bought the places for living in them and then eventually moved 

For Investment property 1 I am cash flow negative. For investment property 2 I am breaking even. Here is my questions on Investment property 1

Bought in 2006 for 600k, Current market value is 600k, outstanding loan balance is 360k. I have been paying the mortgage from past 11 years. Currently I am -$550 per month on the property. This is a condo in Southern California and I am paying Mello Roos + HOA fees. Here are my options

1. Sell the property and barely make any money after paying mortgage for 11 years

2. Sell the property and purchase another property with +ve cash flow that does not have HOA and Mello Roos. This will require some effort and time on my side as I do not live in Southern CA anymore

3. Keep the property for another 20 years until the mortgage is paid off. Then I will be cash +ver 

Any thoughts on what I should do? I do not need the cash now but at the same time do not want to be financially stupid

Thoughts?