Mike Welch
HOA Issue: Lender Demanding Higher Insurance Coverage
I've been managing the insurance policy renewal for my 4-unit HOA in San Francisco since 2005. Once I did some shopping around and found a broker and insurance carrier offering good rates, I've simply renewed each ye...
Brad Rabinowitz
Showing Tenant Occupied Property
Hi all. I’ve listed my rental property using a flat fee MLS service and have begun scheduling showings. The tenants work from home and have decided they’ll stick around during showings which I don't agree with, but am...
Jay Helms
Contract / Price strategy
hello BPers! I'm working with my team to find the next right opportunity and curious about y'alls purchasing strategy. My initial offers are typically low ball, but those low ball offers make the math work to help us ...
Alexandra O'Grady
Is a condo a good first purchase?
I am just getting into real estate investing and I currently rent the home I live in. I want to purchase something for me to live in while I'm saving more money for a second purchase. I no longer want to pay rent to s...
Dave R Ludolph
Questions about to 1-2% test
I feel like the easiest way to explain this is with an example. Say I buy a property for $60k and put in $40k in improvements with a total investment of $100k. I then rent the house out for $1000 a month which would m...
Austin Underwood
Utility Expenses when Analyzing Properties
Hey all,I am a newbie. I have not yet invested in real estate though I am a graduate student and will be graduating next May and hope to jump into it as soon as I know where I will be living (due to my full time job ...
Dillon Lopez
Help! First investment options/considerations
He BP! So I’m in the starts of planning a investment. It’s not out of state, but out of town to a more affordable area ( I’m in the Bay Area, will look into Sacramento ). I’ve dialed in a few areas to hopefully gear t...
Mike Hopkins
Bank stalling short sale
I applied for SHort sale before I missed my first payment. It was approved 8 months ago. The rpoblem is that Wells Fargo keeps having my home appraised and the value comes up near what I owe.
They finally dropped it 1...
Isaac El
Steps of doing a shortsale
I have been making lots of cold calls to pre-foreclosure, and I found one that the mortgage is higher than what the house is worth so need to do short sale. I have never done one before, can anybody share the steps w...
Mike Stadel
New construction question
I am in the process of planning a new construction project on a multi family complex with multiple buildings and I’d like to be in the neighborhood of 80 doors all said and done with around 6 or 7 buildings.
I have ...