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1 April 2024 | 67 replies
If you buy a property mostly as an investor, try to buy at the best possible price, without sacrificing excessively on the quality.
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30 March 2024 | 16 replies
The combination of Al wire and an FPE panel is especially concerning because Al wire is more likely to have a loose connection that will overheat to a temp that can cause combustion, and the FPE panel has a high chance of not tripping when that happens in order to prevent that overheating from continuing.
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30 March 2024 | 12 replies
Good day BP family, Unfortunately, excess moisture needs to be dried out in the kitchen ceiling which is also the bathroom floor (great!).
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29 March 2024 | 11 replies
The max Uncle Sam allows is 50k if you haven't taken a TSP loan in the last year.I've seen both good and bad experiences with this but at the end of the day it's no different from any other type of loan, you are just your own bank in a sense.The downside or risk is that you lose your job, your property isn't cash flowing, are unable to pay back the loan, and your retirement account suffers since the loan essentially turns into a withdrawal.The upside or best case is you have the loan for less than a year, your BRRRR pays off the loan, and you pay yourself interest 5% interest.The opportunity cost is if the stock market goes up 20% and you were only paying yourself 5% interest you'll miss out on the excess returns.
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29 March 2024 | 7 replies
In addition the tenant protection Act of the city of San Diego places rent control and eviction rules in excess of state mandated laws.
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30 March 2024 | 45 replies
Declining rates and demand coupled with excess supply is making the STR business harder than ever.
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1 April 2024 | 39 replies
I just cringe every year i have to pay that its for gross revenue in excess of I think 1 or 5 mil..
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29 March 2024 | 13 replies
If you can go for a year and not loose money you should be able to sleep soundly at night.
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28 March 2024 | 9 replies
I was left with an excessive water bill ($10k) at my 4-unit property as they failed to fix a water leak, which I complained about once I noticed a spike in the water bill.
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28 March 2024 | 11 replies
Having seen hundrets of homes, haveing been through hundrets of inspection, have dealt with all the issues and then looking at your deal through that lense.An attorney won't be able to tell you fair market value or know how to navigate a cometitive bidding situation without loosing your shirt.