
30 May 2024 | 17 replies
Here is something I found on line about this, in reference to the Section 8 program:Some examples of program violations or fraud by a landlord:1.

31 May 2024 | 25 replies
I will refer to this to help me stay big-picture focused initially.

29 May 2024 | 4 replies
If you need references for either of them in San Diego, let me know.

29 May 2024 | 4 replies
Lucy,It does look like you are referring to the minimum interest, or prepayment penalty, of your existing lender as well as the 'seasoning' period of any potential new lender.Most HMLs won't have a prepayment penalty on a rehab-bridge loan, but a lot of long term refinance lenders would require a period of time after you purchase it before they would take the new 'after repair value' (or, seasoning).

30 May 2024 | 13 replies
I know at least 3 other bay area investors who I've referred my team to and they haven't given any negative feedback.
29 May 2024 | 3 replies
We kept the old BF's $1,200 security deposit.A couple of months later she sent a text to my maintenance guy asking for a landlord reference that she needed to get another apartment.

29 May 2024 | 3 replies
It had never occurred to me that one could be self-sustaining through one's own resources, mainly because I had never made an effort to understand money management, retirement, or finances in general.An MMM blog post led me to BiggerPockets, a forum where the members, sophisticated investors, referred to their properties as "doors."

2 June 2024 | 112 replies
I'd say 50k a bed is a better metric. 1 bed, 2 bed, 3 bed mixes depends. mostly number of beds or sq ft is the driver. campus has a higher valuation I think Bob was referring to these haha

29 May 2024 | 12 replies
Reference: Publication 527 (2022), Residential Rental Property - IRS Table 2-1 Even if the investment property only has "15 years of depreciation in a home left" you are still required to depreciate the new HVAC unit over 27.5 years or 39 years depending on the investment property type.

29 May 2024 | 7 replies
Ok update on this one I posted this deal in another forum and groups for help and i am getting the feedback that my underwriting is waaaay off for reference here is the property https://www.redfin.com/IL/Chicago/1541-W-Barry-Ave-60657/home/13365509here was my underwriting of it https://docs.google.com/spreadsheets/d/1XM_-mcdFU_glqV_lH961nBKDleFdSfhIrnBV9J7c7H0/edit#gid=1398361879The feedback that I got was the following - My capex and maintenance were wrong.