Recent content by rayzam

Didn't see anyone posting on this here (or perhaps I don't know how to properly search the forums yet) so I thought I share it: https://www.nbclosangeles.com/news/local/Orange-County-Real-Estate-Scams-Help-Foreclosure-Preciado-AE-509861661.html I personally know one of her victims who gave her...

@Irvinehomeseeker: I was under the impression that the high appreciations were mostly limited to new builds. It's quite a common practice for builders to price the earlier phases at lower numbers to test the market or generate excitement and once the people keeps coming in, they jack up the...

Thanks so much USCTrojan! You've always been so incredibly helpful to me! @meccos12: I couldn't agree anymore that cash flow is quite pathetic here in Irvine. I usually put down a bit more (35-50%) so the monthly numbers will be better, but still it's money out of my pocket that goes to...

Thanks! I'll keep looking, keeping your suggestions in mind. Btw sorry I forgot to answer your question: It's not a 1031 exchange and I'm buying with conventional financing this time. Thanks! 

Thanks for the suggestion! That's certainly a nice house to live in and I also like the areas west of 405. That street name actually brings many good memories (we bought our first home with help of USCTrojan ten years ago in a Newport community with the same name). How much do these go for rent...

Thanks! By older homes with lower HOA/MR, are you referring to areas like Walnut/El Camino (e.g.https://www.redfin.com/CA/Irvine/5101-Bordeaux-Ave-92604/home/4681825)or Westpark/Woodbridge/TR (https://www.redfin.com/CA/Irvine/48-Sorrento-92614/home/4657588...

Hi I need your help again! I usually buy multiunits for investment but I'm very uncomfortable with the current OC/LA markets and their overinflated asking prices, so I'm back in Irvine. Any good investment properties below $1.5M to consider in Irvine? I never even considered anything with cap...

Out of 30+ properties I have purchased over the past couple of years, I had to resort to title policy 2 times. Granted, both were REOs with bitter past owners or prior issues with liens, etc, but even with a new construction, someone can always come out of nowhere and lay claim on the land or...

Thanks for all the helpful information! I will focus on Cressa first. This purchase is not for myself but for a family member who already lives in Irvine and wants to downsize and looking for something around $900-950K. Thanks again!

Hi, sorry for being a bit lazy but I looked up the new villages of Irvine and found the descriptions given for various communities a bit vague on the exact type of the properties offered. So here is my question: Which new villages in Irvine have the lowest-priced real SFRs (properties with...

HOAs I've dealt with to date always keep themselves out of the whole permit business because it's more liability for them. They usually just say in the approval letter and this is an architectural approval and not a permit and you still need to secure one if needed. I've never seen an HOA that...

Are there any new constructions in Irvine around $1M that are available for immediate purchase and offer good rental potentials? Thanks!

Thanks for all the advice! Before moving to the new place and renting out our old house, we actually looked into the option of Airbnb as the potential income was very high (we rented the house for around $7k/mo while we could collect that much in less than a week through short-term rentals) but...

Hi, I used to be a member in the old forum and we bought our first home with the help of members there (specially USC Trojan as our agent) back in 2009. Since then, we continued expanding our real estate portfolio and bought several residential and commercial properties including multi-units...