Jaclyn B.
House Hacking Gone Horribly Wrong
Hello BP Community,I've been on the house hacking train for quite a while and for the most part it's worked out very well for me. However, I've recently discovered that the new housemates I have are terrible. They've ...
Leonard L.
Legal Update - California Outlaws Tenant Eviction Tracking
Landlords in California beware. The current CA law is that unlawful detainer actions are publicly searchable unless they are resolved within 60 days of the first filing. If the tenant fights, this easily takes it pa...
Chris Seveney
When is 8% Better Than 12%
I have this conversation frequently with investors investing in mortgage notes and private lending. Many people will look at the interest rate or even the yield to determine which is a better deal. But what many forge...
Sven D.
My neighbors finance company won't talk to us
Good afternoon,I am trying to buy or assume my neighbor's home loan from, what looks like to me, a sketchy finance company. Originally we thought they were just the debt collector but they served him papers for a judi...
Shri Kanase
Investing out of state an option for young investor
Hey guys,So I'm new here and to let you guys know, I just turned 21 this month and have roughly $60k to $70k in my bank available for investment in SoCal. I dropped out of college to pursue my eCommerce business full ...
Jake Oreskovich
EXTREME PET ODOR!! Please help!
Hello BP members. Recently I purchased a new rental that was distressed to say the least. I purchased the property from a landlord who was just burned out. His tenant went on a drug/drinking binge and he and locked hi...
Kenny Tan
Balloon payment due - surprise
We were just notified by the 2nd mortgage bank that our SFR rental has a balloon payment of $29K due at the end of the year. This throws a money wrench into our finances for the next few months as we have a short sale...
Jon Klaus
American Staffordshire Terrier
Not a pit bull, but pretty close?
"Outside only" Yea or nay?
Dev Roy
Mentally-ill man broke into property, scared off tenants
Wondering if anyone has dealt with mentally-ill people and courts and could advise me. Some background . . . my husband and I bought a row-home from an elderly woman in 2006. We lived there for a little over 12 years ...
Clint G.
LLC or umbrella policy to protect first property?
Debating on creating an LLC for protection and tax benefits. I've been told the LLC set up as a sole proprietorship (what I'm planning) won't give me any more tax benefits than owning a property and carrying a heavy u...