
4 October 2024 | 13 replies
I also stated that if they harmed the home in the process of these repairs, by not using a licensed and trained professional, it would cost me extra.They responded saying they don't feel I can unilaterally request that a tenant not make these repairs, and they would not notify the tenant to cease work.As it stands, I am allowed to have a contractor who is competent look at the job, quote it, but I am not allowed to do the work with that person, until the tenant has had a shot at it.I cannot believe how basically unprofessional, and dangerous this situation is for all parties involved and want confirmation as the woman who works at this management company has no legal degree, and is constantly attempting to wave the legal flag like an expert.

4 October 2024 | 4 replies
I am not an LA or So Cal real estate expert, but from what I generally know about the market is, if you can get any positive cash flow (with "reasonable" down payment), it is likely a win.
4 October 2024 | 7 replies
The part that seems to continuously get people (unfortunately, and for lack of better words) is the "no evictions, no bankruptcy, and no more than 6 non-medical collections."

4 October 2024 | 15 replies
But I'm not an expert and could be missing something.

4 October 2024 | 16 replies
And most of the time I'm buying in areas that do just fine attracting non-S8 tenants.There are a lot of "gurus" out there pushing this as a strategy though, and that's where all this is coming from.

7 October 2024 | 24 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

4 October 2024 | 12 replies
They've recently evicted a tenant for non-payment and have not received any funds toward their outstanding balance, nor have any of the utilities been paid.

3 October 2024 | 6 replies
I am a non US resident investor.

3 October 2024 | 3 replies
Seek advice from local experts and leverage the BP community.Good luck!

4 October 2024 | 6 replies
One thing with Obie is that their product is non-admitted and they have multiple writing companies.