All Forum Posts by: Wences Lopez
Wences Lopez has started 11 posts and replied 19 times.
Post: SFH w/ Detached ADU.
- Investor
- Los Angeles, CA
- Posts 19
- Votes 7
Investment Info:
Single-family residence buy & hold investment in South Gate.
Purchase price: $419,000
Cash invested: $188,000
SFH with Detached ADU.
Post: So cal David Greene team meet up
- Investor
- Los Angeles, CA
- Posts 19
- Votes 7
Hey is anyone here at the meet up yet? Just arrived looking for others coming to David Greene’s Team meet up
Post: AIRBNB IN LAS VEGAS,
- Investor
- Los Angeles, CA
- Posts 19
- Votes 7
Quote from @Cris Normandt:
I agree with Jimmy on this one. I think the traditional AirBNB in the Henderson area is getting more difficult by the day. The 31 Day AirBNB seems to be the play here in town. I work with an agent that has done quite a few of these. Feel free to connect if you have any questions.
Hey everybody I’m looking for someone that does credit repair. My girlfriend wants to buy her first rental but credit is the issue right now. Thank you!
Post: Los Angeles ADU Fees
- Investor
- Los Angeles, CA
- Posts 19
- Votes 7
Hi Patrick!
From what I've heard ADU permitting gets more expensive after 749sqft. I'm currently doing a 719sqft one in LA & just on soft costs for that was $13,500.
Hello, I’m in search of (3) interior doors, (1)exterior entrance door, (1) pocket door. I’m trying to find a local supplier someone recommends. Wondering where everyone goes to grab doors (not HD or lowes either) thank you in advance!
Post: STR Areas of Interest in Tucson AZ
- Investor
- Los Angeles, CA
- Posts 19
- Votes 7
Quote from @Cameron Goedde:
Quote from @Wences Lopez:
I'm actually starting my first STR in Tucson, was just there last Friday furnishing up my place 👍🏻
How's the experience been with this so far? I'm on the hunt in Tucson as well.
It’s been good so far thankfully. It’s been booked ever since. I’m actually at my place right now doing some maintenance after a guest stayed for 2 months. I’m near the i10 that seems to attract people since that’s the only freeway here.
Post: Bought Land at Auction.
- Investor
- Los Angeles, CA
- Posts 19
- Votes 7
Hello everyone, so I bought seized property at a police auction & I received the grant deed & a preliminary change of ownership over the mail & I’m not sure how to fill it out. Has any one else gone through this process before? Thanks 🙏
Post: 100% Passive income
- Investor
- Los Angeles, CA
- Posts 19
- Votes 7
Hello everyone, so one of my partners has around 250k in cash & wants to invest but wants his return to be as passive as possible. He doesn’t want to deal with tenants or maintenance. What’s one way to get a good return on his cash without having landlord responsibilities? He isn’t an Accredited investor so he can’t join a fund. Thanks !
Post: Investment Interest Expense
- Investor
- Los Angeles, CA
- Posts 19
- Votes 7
Yeah you’re right, I’m sure I’m overlooking a lot of things as I’m new to investing. I got my first rental in august 2021 & my second one the beginning of the year. I was “waiting” towards tax season for next year to look for a CPA but I’m guessing a wise thing to do is to look for one now. Thanks for your input!