Rodney Lorenzo
Buying without an agent
Despite me having a good agent, I still have not been able to invest in anything in this market. The main factor, unfortunately, has been listing agents that don't communicate, aren't transparent or flat out ignore my...
Nathan Gesner
Biggest reason for losing money?
I know: turnover is the biggest expense. But let's be more specific. Is it:1. Time sitting vacant during turnovers?2. Losses due to excessive wear-and-tear?3. Maintenance or capex?4. Expensive property management?5. M...
Cole U.
Finance Advice
Hello BP,I'm hoping for some friendly advice. I'm looking at a foreclosed SFR in a B to B- area that I am thinking about buying as a rental. The challenge is that it doesn't need any work (seriously, it's spotless),...
Constantia Petrou
Tire kickers: How to discourage and screen them out quickly
Hi everyone,
My rental property is a SFH (class A) in a great neighborhood and in the coastal region of the Bay Area known for outdoor spaces, nature and great quality of life. It is now on the market to rent and bec...
Maggie H.
Is it worth losing 40% to get cash?
I'm in the middle of a divorce. I'll be receiving between $250,000 and $300,000 from his 401 K, IRA and money market accounts. I don't have a retirement account and don't want to have to open one in order to receive t...
Christine Swaidan
Mushrooms Growing On Ceiling :(
Hi all. Last week after a heavy downpour in SoCal tenant notified me that there were dripping leaks in two bedrooms. Above these two bedrooms are a sloped roof and a roof top deck. There were two small areas of mildew...
Marlene May
helping clients VS listing and marketing
An agent wants to list my house, which is now on the mls via flat fee lister. This is the second time she called about it. She told me that she would work to sell my property if I listed with her. That she would call...
Maurice Cormier
Acceptable Cash Flow For 4plex?
Hello Everyone,
My first post here on the forum and I'm very excited. I would like to know what is considered acceptable cash flow on a 4plex? Is there a certain amount of monthly flow that is considered bare...
Paul Shinn
Selling my interest/rights in llc when wholesaling REO's
A question – We are looking at wholesaling REO’s. We intend purchasing a REO’s in a llc and then selling our rights/interest in the llc and collecting our fee.
What we need to know are the steps involved in doing th...
Carson E.
Enforcing HOA Dues
I am in a predicament here and would love to get some input on what other people think or have experienced in the past. We bought one foreclosed condo in a four-unit condo that is set up with an HOA, located in Laram...