Dustin Wheeler
New member exploring real estate
23 January 2025 | 11 replies
I encourage you to define your financial goals, as real estate presents numerous possibilities.Building a strong foundation of knowledge and connections can significantly impact your success in real estate investing.
Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
Hi Kin,Three quick questions come to mind that would impact your situation.
AJ Wong
Property Insurance crisis will supercharge climate migration in 2025 and beyond
11 January 2025 | 2 replies
Effectively a 'Firestorm' is a dry hurricane that rains fire, with nearly indefensible circumstances, just like the catastrophic flooding, hurricanes, tornadoes and other disasters they have and will intensify in severity and rapidity.Beyond directly impacted property owners, investors, insurers and businesses, the downhill effects of the SoCal fires on the immediate and surrounding areas are astronomical and still somewhat incomprehensible.
John Williams
Maximizing Returns on Your Rental Property
10 January 2025 | 5 replies
For multifamily or commercial, the rental rate impacts the value of the property.
Marshall Robins
Creating Multi-family or Splitting lots for returns in California - SB 9
26 December 2024 | 3 replies
For investors, this presents a niche market to target families seeking multi-generational living arrangements.Things to Keep in Mind:SB 9 projects must comply with local ordinances, which may include design and setback requirements.Properties in historic districts or areas prone to environmental hazards may have restrictions.Lot splits under SB 9 require that the owner occupy one of the parcels as their primary residence for at least three years.ConclusionSB 9 represents a significant shift in California’s approach to zoning and housing.
Leon George
New to BP Community
24 January 2025 | 13 replies
.- They often get sold Class C or D properties while using Class A assumptions - then wonder why they are losing money.Here's some copy & paste info that you hopefully find helpful:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
James Jones
New Investor Scaling Through Care Homes and Assisted Living
20 January 2025 | 10 replies
Helping others navigate this unique and impactful business model has been a rewarding part of my journey.Now, I’m looking to scale by incorporating the BRRRR strategy—acquiring undervalued properties, rehabbing them to meet care home standards, and refinancing to reinvest.
Tayvion Payton
Thoughts on a Multi-Family Deal in 76104, Fort Worth? Looking for Cash Flow!
21 January 2025 | 3 replies
Crime and Tenant Quality: With the higher crime rate in 76104, how much impact could this have on tenant retention and turnover?
Keith Mintz
Sober Living Investment
21 January 2025 | 3 replies
With some changes to the management structure and leadership, I believe we can significantly increase the revenue potential while providing a positive impact.
Lindsey Waltz
85% ltv DSCR
23 January 2025 | 5 replies
The shorter the prepayment term has an impact on increasing the rate.4.