I'm a broker here in Sacramento, own some properties, and through our sister company we manage over 100 STR properties. We have portfolios in NorCal, SoCal, and Arizona. I made this observation last year that the "vac...
If a lease option has two different contracts --- the Lease, and then the Option (which is paid for)...what happens when the tenant decides to break the lease, but yet the Option still has another 2 years on it? Are ...
Good morning, BP Community. I have been reading the forums about allowing tenants with pets. It seems the community is about a 50/50 split between allowing pets in rentals or not. I was originally leaning towards a...
I am an real estate agent and investor in CA. Me and my wife have bought a condo and used as our primary residence from 2016 to May 2021.
We rented the house out to tenants in May 2021.
In July 2022, we transferred ...
Would you hold an "A" property off market for a month? This is the situation: Business person relocating from Chicago to Portland Oregon. Wants to view property (if still available) on January 7, pay the application f...
What does everyone here think about investors who try to cut you out of the deal you're wholesaling? I personally think they are a disgrace to our industry. Although its technically legal there should be a moral code ...
Hi! I've searched around a ton to find a simple answer to this to no avail. Maybe because it's been hard to wade through the flood of information on depreciation and expenses.I wanted to know the strategy behind wheth...
I'm trying to borrow 75K on property worth 150 - 170K but things have apparently gotten so tough I'm having trouble getting approval. Property is on Gold Coast of Chicago, rented below market and still cash flowing...
We are purchasing a seasonal retirement community from current owners with owner financing.
385,000 for 15 years @6%. NOI is 50k
We do not plan on buying any other investment property.
We have the means to pay...
I am still very new to this so please excuse my ignorance. What are the pros and cons to owning a rental property outright? It seems that cash flow would be significantly increased if you can pay a mortgage off, but t...