Should we buy or rent our next residence? We live in So Cal and want to start investing in real estate. Our goal is to buy and hold and start producing some cash flow. We are in our early 40's, so we are a little late...
Hi everyone, my name is Steven Nguyen from San Diego. I need everyone help on resolving issues I have with a newly month-to-month renter. The tenant rented a room out of our house , and just moved in on May 1, (10 da...
I am representing a buyer-client who has a quad under contract. The bank is having trouble justifying the value of the property because of lack of 'established marketability' and good comps in its rural location.We se...
Hello BP community…
I am finding lot's of information on this site. I wished I had found this site BEFORE spending $20,000 a few years back on a RE guru program.
On top of that $20K drop in the bucket,...
Hey Everyone!I'm pretty new to BP and wanted to introduce myself. My primary interests at the moment are meeting, high-quality, ethical and fast moving RE pros and even novices to work with in rehabbing Arizona. Que...
Hi all,Can I use a FHA loan on a small multifamily (2-4 units), as long as I live in one of the units for at least 12 months? Are there any other major stipulations to consider? Any tips to get qualified for this type...
Hi All, I'm a new investor and about to purchase my first investment property - 3 family house in New Jersey. The property is fully occupied with 2 of the apartments rented to Section 8 tenants. I have 2 questions: ...
I went to one of my apartments today walked in the door and could smell weed. I knew which apt it was coming form so I knocked on the door and asked the tenant if anyone in their apartment was smoking weed, I knew th...
I've seen a lot of posts on this site about putting one's investment properties in LLCs. The wisdom of doing this seems to be a given.
Could some one please tell this newbie in a nutshell what the advantages are to ...
Hey friends!
I am attempting to structure a deal where I am added to a deed as a 50% owner. I would assume all aspects of management including finding renters, maintence, paying the mortgage, etc. The original owner...