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All Forum Posts by: Shefali Golvelker

Shefali Golvelker has started 13 posts and replied 27 times.

Post: CA- Tenant asking for relocation expenses

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 27
  • Votes 15

Hi I own a home in Orange County California which we had rented out to a family for 20 months. We are now moving in that house and gave 90 days notice to our tenants to vacate. Tenants are demanding for relocation assistance which is worth one month of rent. Are we responsible? FYI its single family home

Post: Looking for cash flowing Deal

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 27
  • Votes 15
Quote from @Mitch Messer:
Quote from @Shefali Golvelker:

Hi 

I am planning to sell my property in Long Beach and looking to buy cash flowing property preferably in California but open to out of state as well. I have about 250-300k to invest. Open for suggestions. 

 @Shefali Golvelker Specifically, how much cash flow and what cash-on-cash return are you seeking?

Also, are you looking to acquire via a 1031 exchange? That would be the most tax-efficient solution.


 Hi yes I am doing 1031 exchange. 

Post: Looking for cash flowing Deal

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 27
  • Votes 15

Hi 

I am planning to sell my property in Long Beach and looking to buy cash flowing property preferably in California but open to out of state as well. I have about 250-300k to invest. Open for suggestions. 

Post: I need a quote for landlord policy in California

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 27
  • Votes 15

Hello I called my insurance company amd tried to convert my homeowners policy to landlord policy. Apparently the company no longer do that in California.

Post: Home owners insurance claim denied. What next?

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 27
  • Votes 15

Hello fellow BP members,

So recently we accidentally left the side patio door open and water from the rain got in. Our insurance company denied the claim saying it was ground water damage. They have nothing to prove that. They denied my claim. What should I do next?

We have a property in Long Beach, CA all furnished and ready to go for STR. We are looking for some good company who wants to do rental arbitrage.

Post: Is it possible to house hack in Orange County CA?

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 27
  • Votes 15

Long Beach has really good multi family options. 

Post: Looking for an accountant/CPA.

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 27
  • Votes 15

I am looking for one too. Following this thread.

Post: Looking for sample Rental Agreement templates

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 27
  • Votes 15

I used zillow's rental agreement for my last rental. 

Post: Duvets/Duvet Covers or Comforters for STRs

Shefali GolvelkerPosted
  • Homeowner
  • Buena Park, CA
  • Posts 27
  • Votes 15

Hi I work with a supplier who provides bed sheets, comforters, home decor like macrame, throw blankets, throw pillow covers at extremely low prices. I can send you the catalog of what they have. DM me for more info.