u/Apprehensive_Two1528

I’ve never really been a landlord for a long time. My earliest texas landlording experience was for a trust fund grand kid and it was a disaster and that made me sell the home with a $500/month cash flow.

fast forwarding, I finally decided to lease out my family property/s in california this year and definitely understand more about how much caution shall be used after hearing so many horror stories.

I have to vent. the rental applications are so bifurcated that it’s either too rich to be able to understand a renter’s right mentality or it’s too poor to barely make ends meet.

one kid gets $16000/ month as stipend… and his dad reports $500k/yr as a retiree

one county employee gets $5k/month and can’t pay rents with his own qualifications…

Life is so bifurcated and every day I get reminded: cherish your life and try hard.

Kid in the 30’s and works for a small luxury store with $1000 monthly income plus claimed $10k /monthly withdrawal from his inherited broker account with a $1.xx million balance.

kid is 750 plus fico

has no crime eviction or court history

has 2 pets (small dog and a cat)

Met him in person and looks neat and tidy very organized. Does not look like party animal, but I won’t know. Monthly expenses aren’t outrageous. just normal expenses.

girl friend is 670 fico with no income type student.

broker can verify account balance with a 3 party call.

is this type of 2nd generation rich kid doable? Landlords, please help

I painted my home last year and after a year, my choice of paint is still getting some compliments. Most often " it goes well with everything "

so my home is east west facing . In socal, this means it's extremely sunny.

so i took many trips to the paint store and I figured:

1. Anything with a LRV of more than 60 is literally near white

2. No dark brown color since they look truly shitty.
   the colors I tested, bison beige. it's not bison. It's shit on my walls

3. any gray with a tint of blue looks blue and they don't match my ranch house vibe

4. the colors worked well and i regret I didn't go with

River bed from dunn Edwards. It goes really well on stucco and also on mdf wood panels

it's beautiful light green beige color in socal

another color is sahara something is also very pretty

i went with shaggy barked and it's truly working well. A boring greeneige color that goes with everything.

it's a little deep on the stucco so i really shall have gone with riverbed on stucco

colors i think would work as main body colors are as below

buxton blue from bm

booth bay gray from bm

chauntlet gray from sw ( a little too dark for some folks)

cape cod blue

reclaimed wood

and flour dou ( smaller cuter house)

i also most went with coral clay which has a little bit pink tone. But I am glad i didn't. The pink tone can be tricky.

Good luck everyone. After tried out 200 chips.these are my favorite tips

This experience actually reshaped my entire view on California real estate.

In short, city cited me a code violation citatio after a 5 minutes google search , and recorded the Notice of violation to my property title the next day, without giving me a chance to even receive the citation.

Citation was because photos on gooogle don’t meet city current code. Without an in person tour, code enforcement issued the citation #1, clouded my title and ruined an active house escrow.

Citation #2 and #3 were issued and all my appeal hearing requests in writing and apppeal hearing fee is cashed, but no hearing was granted.

I lost 10 lbs within a week after I heard from the attorneys that 1. city’s code enforcement notices are essentially a lien on your title 2. to fight against this, you need a 3 year court process, during those 3 years, you can’t refinance, sell or change title to your property.

A 3 year court fight is essentially a $100k attorney fee fight and city has exemptions to reimburse attorney fees so you could win the case, but lose substantially in attorney fees.

So, I was told the best bet is to negotiate with the city and get a settlement.

I figured, due to my proofs in my hands, I shall be able to prove myself. I filed a small claim court case and asked for an injunction relief. As soon as I filed a case against the city, code enforcement immediately called me and said they would refund #2 #3 but not #1 and not refund all the processing fees charged by the center.

i went to court, provided all proofs ( cameras, home usages, witnesses for lease listings ) and city could not provide any proof. Judge ruled in my favor.

I thought this is the final decision. No, I kept receiving collections letter from the city stating I owe them clawback fees due to judge issued order against the city to pay me.

So, the current status is, city still keeps harassing me with collection fees for a violation that I never did and proved to be false allegations by court. I’m facing a $100 citation collection after fighting so hard, and am still owed for thousands of suit costs by the city.

This is probably why you can’t own property in smaller cities and cities in hardship, no matter how good the numbers look like.

TBH, this property has appreciated well, but I was on the edge of getting seized by the city because of google search..

In bigger metros, this problem is less of a problem because they have better understanding of civil rights.

In CAalifornia, you need to ask around and figure out if a city is truly buyable.

lighting conditions and architectural design is so different in different region of the country.

Is there anyway we can put a region in every post's title?

I know poshmark is focusing on clothes and women customers.

but, where do you sell your house hold tools like small pliers small screw drivers and all kinds of small things around the house?

poshmark's current home setup is too raw and too generic and isn't helping

communication wires from public street are down today. looking like thieves are stealing copper or something.

loose wires are cut off from the poles and I called electrical power company fire department and spectrum frontier and last AT&T

AT&T is the one company telling me our department handles this issue doesn’t open today.

Spectrum came out right away. Fire and electricity company came right away. Frontier created a ticket. AT&T will be dead…

I can not even create a case for you in your situation.

I said, this isn’t me, this is public wire lting on the ground that could trip children, seniors and and passing by folks.

zyou need to work on it immediately.

agent said, no, we can’t open a case.

btw, i called the line is down phone number 8002882020

I have a chase credit card that was closed due to a few disputes against a single meechant in a short period of time. Chase online associates and supervisors understand my situation and showed empathy but they couldn’t help the reactivation.

I have been struggling with tthe closure of the account because my ssn is frozen and it would be a lot of hassles to apply for a new card.

After rounds of conversations with online customer support, my acct stayed closed.

I walked into a local branch and a wealth banker told me she can’t do anything neither. I was able to talk to the branch manager and she is so nice and so helpful. Once she made a call to chase internal departments, my account is reactivated.

She even ordered me the new credit card on the calls.

A 30 minutes local branch visit solved me months and months of trouble. I appreciate our local chase branch managers! it’s important to have a branch somewhere…

Thank you chase!

House has been on the market for more than a month, so I’m a bit in hurry.

man fico 650- due to a $2k student loan collection. credit usage is a little high, but not too concerning level. all student loans other than above is paid on time

woman 700 plus fico

engaged, but not married.

woman 1.8 x rent income

man 1.7 x rent income

no pets.

my criteria : 680 fico, 3x income and no evic history.

currently living in a 1 bed 1 bath adu

Both work full time. man is a staff assistant for district attorney.. ( will this be an issue? too attorney type of tenant.)

want to move in a month later. how can I negotiate an earlier date?

For those of you who have beanten the market, did you sell any tickers at loss in the past 6 months? and how many weeks , months of bag holding before you pull the trigger

Let me throw mine out for thoughts

I sold below in loss

1. Jmia, a 3 year hold in loss for a tiny position. simply does not work. a 78% loss.

2. Ldos, a 2 year hold, a 8% loss or something. This is a mistake for holding too long, was once 80% gain. medium position

3. CRM a 2 year hold, 30% loss. I sold to shuffle the position. a small position

4. chkp . checkpoint software a 30% loss. i sold to shuffle position. a small position

5. cof 8% loss. one share. this is a test of financial tickers. ended up with another financial ticker.

also sold joby axon and something else at very small loss and can’t recall.

TBH, from hindsight it’s a right decision to sell all of them.

Any of yours would be wonderful sell from a hindsight?

First, equipment bar code doesn't scan and UPS won't accept return, couldn't get any support . asked to be provided with a shipping label by email and after 3 rounds of human calls, each waited 1.5 hours to get through

2nd, refund of credit balance can't be processed, because my new moved to addresses has no record with xfinity. after rounds of email providing new address by email, i still got denial email and "non verified zip code".

xfinity is getting toxic, trying to offer 0 support after disconnecting and find all kinda things to charge you.

how can i get help by human after disconnecting?

i live vhcol areas and the sales taxes here are crazy, 10.25% 10.5% and 10% etc.

what is your recommendation in terms of buying shiseido products? any tax free channels? it has to be good and solid places.

help.

I use the fidelity safari (browser) daily and I love fidelity. Fidelity is the best broker I have used.

The latest changes to the activities tab are simply terrible. I can’t even sort orders by its status any more. The old set up was fine and had all the necessary elements( status of the order, price, costs, date) and now all of those are gone.

Tell me, how am i supposed to expand through the tab’s each line (I have like 50 transactions per day) to figure out the filled orders, cancellled orders and dividend reinvests.

Terrible development. please reverse.

Fidelity’s dca timing is just weird. every dca it does is somewhat the highest pricing of the day.

when i manually set the order, sometimes it won’t clear until 2 hours later.

What’s your best tools to execute trades besides the broker’s auto invest engine?

Which broker allows you to have an AI agent to execute buy orders? with conditions?

how can we get price improvements with best resources/tools?

Food for thought?

I’m not buying anything rare, just regular household stocks like goog.

What’s your best tools for use to buy at intraday lows?

https://www.reddit.com/r/stocks/comments/1uj7lsf/comment/ouln5l7/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

It’s end of the month and time for the recap.

So my top 10 losers are:

1 Bidu

2 baba

3 ZS

4 meta

5 netflix

6 msft

7 rddt

8 ibit.

I cut the other losing positions and realized losses on many this month.

my take at this month:

i shall have cut losses a little sooner.

time to buy mega caps..

I didn’t have much experience in renting. the only landlord I ever had was an on site manager who manages the entire complex for the landlord. We drove by the unit and applied and got accepted easily with great fico no pets double income.

however, when i listed my properties online through zillow, I barely got any good tenant’s contacting me. The photos are professional photos and 3d tours and everything seems to look great with “verified source” label on zillow, but I wasnot able to get good solid leads.

in comparison, when i signed up with pm, properties were able to get rented out within weeks and tenants applied are generally very close to my criteria.

Why are tennats not applying for individual owners properties? TBH, my price is lower than pm’s rate and I wouldn’t raise rent too much . with pm fees, i would probably have to raise rent every year to break even the pm management costs.

Any one can help me understand? why tenants are applying for individually owned properties any more? are they not digging deeply or simply not looking for a better deal?

So my last month water bill is like $350 for a non occupied house.

city called and with plumber’s help, leak is identified at the rainbird irrigation valve. so rainbird valve is not shutdown properly and water was constantly running.

it has no issue turning on to irrigate per the timer control but water was just constantly running and wouldn’t stop.

After cleaning up a little and installed 2 brand new selenoids, the issues seem to be gone.

my question is, how can 2 selenoids fix the issue? did we have a disconnected wire (they look connected to me) that doesn’t shut off? what could be the issue?