As I've posted a time or two, I'm in the process of buying my first duplex. I've looked at quite a few and had offers on some as well. I had a contract on one but after the inspection I decided to pass on the proper...
Hi BP!I just wanted to share a mistake I just made. I was checking references, as everyone should! I spoke to the prospective tenant's current landlord. I asked how much he was charging and he asked me the same. I...
So I’ll try to keep this as short as possible but I would like help trying to correct my REI path. About two years ago I got into REI with the hopes of being a wholesaler. But I didn’t have any capitol, and felt bad a...
I'm looking to see if we could compile a list of the top 5 mistakes made by landlords. I'll throw out a few and hopefully we can come to some kind of consensus.
Note - to all who participate,...
To preface this story, I am in California. You can yell at me if you want, but I know what I did was wrong. I am more looking for advice than an actual scolding. I will never wholesale again and i gave wholesalers a b...
Any Mistakes That I Can Learn From?
Hello BP community!I attended a real estate networking event this evening in my hometown of San Diego, CA, and during a segment where we each stood up and introduced ourselves to the group, I mentioned that I was inte...
I’m sure this has been brought up a thousand times but here we go.My name is Jesse and I’m from San Diego, California. I’m starting out and want to eventually become a landlord. I want to eventually own apartment bui...
Hi there,
I just started an S corp and was trying to pay the estimated tax for 2020 first quarter. I received a letter from EFTPS so I went ahead and paid the tax with Form 1120 -- federal tax deposit, but later I k...
This is a real-life situation a client of mine is currently going through in Pacific Grove, CA.
He had a prior property management company, that was very out of touch, to say the least. Being unhappy with their perfo...