James Liang
Beginner in SoCal - Realistic expectations and action plan
22 June 2019 | 7 replies
I'm still solidly in the learning stage and would really appreciate any tips on starting, getting realistic expectations, and next steps.I currently make ~52k/year, I know it's not a whole lot especially out here in California.
Frank Nabors
Are Investor-friendly Real estate agents a thing?
21 June 2019 | 26 replies
At this stage, it probably is in my best interest find some people who can nudge me in the right direction or, at the very least, keep me from going in the wrong direction.
Ken Virzi
Not being able to count rents as income is killing me
19 June 2019 | 8 replies
For someone doing the final stage of a big brrrrrrr recently, writing it off up-front (bad for mortgage purposes) v depreciating it over several years (good for mortgage purposes) was an $80,000 difference. $80k less in expenses isn't much different than $80k of income. $80k makes a huge difference... and this wasn't tax fraud or anything shady, 100% legit.
Tom Hick
Tenant left with a PGW bill in excess of $5k
25 June 2019 | 13 replies
Tenant left with a PGW bill of $5000 plus. I am in Landlord Cooperation Program but still unsure if a lien will go against my property since the amount might of accrued before entering in their program. Tenant is dem...
Travis Guyer
Lease Pet Agreement/Disagreement
25 June 2019 | 5 replies
Try negotiate a compromise - only $100 pet rent total (although $100/m for a cat seems excessive to me, especially when if they charge security deposit and pet deposit/fee), maybe half the pet deposit/fee.6.
Allen C Herring
Multifamily (2-4 units) strategies in today’s market?
25 June 2019 | 38 replies
@Allen C Herring at this stage in your life, personally, I'd be looking for a multi-unit close to turnkey and around market value.
Mitchell Cord Cantrell
At least double or nothing
20 June 2019 | 2 replies
When you find excessive expenses, you might have found a big opportunity to increase the value of the building.
Tyler Kress
Disapproving Family - Starting in Rental Property Investing
20 August 2019 | 98 replies
Congrats for being at this stage in your 20s!
Rafick Assenjee
Is it a good idea to use BRRR strategy to buy a Multifamily Apts?
22 June 2019 | 3 replies
Deeper value add at this stage in the cycle IMHO is akin to what we saw in 2007/8.
Meghan Custer
How to value current home as potential first investment property?
21 June 2019 | 4 replies
I'm new to investing and still in the learning stages.We are in the early stages of building a new home and had originally planned to sell our current home to make the down payment - otherwise, we don't have the cash.I'm now considering simply taking out a home equity loan on the current home for the down payment on our new build.