Craig Oram
Struggling with "cash flow positive"
Hi all,I am trying to figure out if I want to buy a property. Situation is this... Rented at $1600/mthHouse cost $215kFixed cost are PM, HOA, INSURANCE AND TAX = 160+13+50+230=$453Current mortgage rates are my strug...
Gabe G.
multiple applicants. How the heck do you guys decide?
I have 3 applicants so far, that went through the BP screener with transunion. This is for a little lower quality property than my others.
They all arent good, but that's sorta to be expected when people are ...
Carlos Garcia
ADVICE: buying a car 3-6 months before buying a property
Hello everyone!Looking for everyones great advice on here before pulling the trigger. I have a unique situation in which I leased a car (2017 Jeep Wrangler) I love it and I am looking to buy it before the lease ends, ...
James Sutton
Cash Flow Seeker
I wouldn't call myself a serious investor as of yet; however, that is eventually exactly what I want to be. My full-time employment is working as a deep-sea diver and subsea inspection project manager in which I freel...
Dan Hoehn
Tub Surround with Window
I seam to always have rentals with windows over the tub, and am conflicted every time I go to remodel because I can never find a tub surround that looks decent and I hate cleaning grout. All I have found in the past i...
Bobby Paquette
Would you still do a BRRR if it didnt cashflow?
If you were to get a BRRR that you could pull all of your money out and some but it didn't cashflow really, would you still keep it? I know this depends on goals, etc. But in the overview, you get a rental property wi...
Edward Fedorovich
Tax implications of selling a long term rental
Tax implications of selling a long term rental property that has appreciated and been leveraged.Hoping to better understand my current situation, appreciate any insight.I have a home that I purchased in 2012 for 32k. ...
Mary R.
How low can I go?
What are banks accepting now vs list price? I plan to offer on an reo sfd that is being auctioned. Is an offer of 65 or 70% of mls price likely to be accepted, assuming I'm not outbid?
This is a house that they've be...
Mehran K.
How LA Rent Control Affects Appreciation?
Hi everyone. Hope You're all enjoying your weekend.
I've recently been looking at some Fourplexes here in the San Fernando valley and most of the cap rates are looking pretty low. I've seen 1 or 2 properties that eve...
Vikram C.
License to shampoo
There was recently a debate on this site about the licensing requirements to take pictures of a house in return for compensation. In that thread, I had a little rant about the creeping role of the licensing into all ...