All Forum Posts by: Diane G.
Diane G. has started 115 posts and replied 1280 times.
Post: Coronavirus and late or no rent payments

- CA
- Posts 1,320
- Votes 1,059
Dont want to cross across as un-sympathetic, but this corona event should serve to remind all investors that when the value is NOT there, don't buy the asset even when the whole world is buying...
For years, investors are buying up stocks and real estate even when the math does not make sense, just because other people are buying, just out of fear of missing out....Those will be at the risk of heavy loss...
Full disclosure - I kept my 401K in cash for the past 2 years, until last Thursday.....
So my fellow investors - keep dry powder and stay on the sideline when the numbers do pan out...For example, a forward P/E of 20 does not make sense in my books, a purchase to rent of 18 years in SF does not make sense....Wait until that P/E is 16 or the purchase to rent of 15 years..
Best wish to all
Post: Should an offer be made in my name or the Trust's name

- CA
- Posts 1,320
- Votes 1,059
I am trying to buy a property and intend to put it into my trust.. But should the offer be made in my name or the trust's name, or does not matter?
Thank you for sharing your knowledge..
Post: Bought at $525k. Just appraised at $790k!!

- CA
- Posts 1,320
- Votes 1,059
I would love to see the picuture but dont how to post either....maybe someone else will stop by and show us how to post picutures.... Lol
Current - 2010 Nissan xTerra off road, 140K miles.. paid $30K cash in 2010..
Want - 2020 VW Atlas Cross Sports, 2.0T.... Outdoor price of $38K...
Should I, shouldn't I?
Ugh... Lol
Post: Re: What would you do with a lifetime leased unit?

- CA
- Posts 1,320
- Votes 1,059
when is her last day?
Post: Move out charges by HOA

- CA
- Posts 1,320
- Votes 1,059
it is $100, so no big deal either way...I causally mentioned that I would take it off the refund, and tenant threats lawsuit, so got me triggered...
But thank you for your inputs.. I appreciate it...
Post: Move out charges by HOA

- CA
- Posts 1,320
- Votes 1,059
Hey, I am wondering who should pay for the move out charges by HOA if the lease agreement is silent on the issue? Can I deduct it from the tenant's deposit when doing the refund?
Thank you
Post: Downside to Out Of State investing for cash flow now in 2020?

- CA
- Posts 1,320
- Votes 1,059
@Karan Chandran
I think you are pretty smart and got OOS all figured out...
I would wait for a sizable correction, if/when that happens, to buy OOS.....
Post: Re: What would you do with a lifetime leased unit?

- CA
- Posts 1,320
- Votes 1,059
right, "empty" units.... Lol
Post: Re: What would you do with a lifetime leased unit?

- CA
- Posts 1,320
- Votes 1,059
It is the ECP program which just ended in January....I believe we waited 6 years to qualify..We are a 5 unit building
All owners are super motived so no issue at all there....