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25 January 2025 | 1 reply
(It was Hollywood and everybody has dogs)2) Somebody tried selling the appliances that came with the unit which included the fridge, dishwasher, stove & microwave.3) We were recently affected by the fires and had to evacuate, some tenants refused to evacuate even after police forced them to because they were "tougher than the fire".Have you heard of those horror stories about tenants completely trashing apartments and feces all over the apartment?
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8 February 2025 | 10 replies
You may not even need an Electrician, a good Handyman could do that....How much money are we talking about here?
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27 January 2025 | 6 replies
You can't even get an officer to a traffic accident anymore and how many domestic violence situations happen with little to no attention.
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3 February 2025 | 9 replies
Lots of times you will have people complaining about noise even if you disclose it on the listing.
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3 February 2025 | 11 replies
You will learn a lot, but you just may walk away with new friends, new partners, and maybe even someone who can call a mentor.
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6 January 2025 | 11 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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4 February 2025 | 11 replies
We originally used an FHA loan with 3% down, took on MIP, and now have a $2,100/mo mortgage with $225 HOA/mo - so about break even on cash flow.
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7 February 2025 | 13 replies
This will affect things like required down payment, rates, and even which lending institutions would be willing to finance. i encourage you to look up warrantability for financing just so that you don't have surprisses when your 20% down buyer cannot finance that way.
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10 February 2025 | 24 replies
What you can't do is adjust that amount to different tenants because if you gave it to someone else for 1725 or less even though you said 1800 and them NO to them for 1725....do that enough times and that may cause them to think you are discriminating against sec8 tenants.