Wesley W.
Costs of failed transactions
Hello All,Well, I've had two small multi-family deals fall through over the last 12 months (I'm the buyer) over inflexible/unmotivated sellers after very unflattering structural inspection results.I can't help but fee...
Ken Kurobane
Continue to Rent or Sell? Aurora, CO
Hello fellow BPeers!
I own a single family rental in Aurora, CO that cash flows $300/month. I bought the house in Sept 2016 for 225K with an fha loan @ 3.375% and lived there for 2 years before moving to my curren...
Randall Martinez
When should you evict a tenant for late payments ?
Hello All,I've been following BP for several months but generally don't post within the forums.I have a tenant who recently fell into tough times, and has been unable to pay rent , in full, for about 2 months now. Our...
Ralph Pombo
Title Company from Hell
This month has been a first for me. I am not a seasoned veteran in real estate, but we do have about 10-12 purchases over the last 10 years. The newest deal has been utilizing a 1031 exchange. We sold one rental in Ca...
Christina Didion
Prorate Rent or Find A New Renter
My husband and I recently purchased our first investment property. We have very interested renters, at least 10 families showed up the first day and all were willing to move in by July 1st.We decided to go with a youn...
Clifford Tran
Education in Lieu of Experience for Broker's Exam
Hey all,This is my first post on BP!I'm looking to sit for a RE broker's license in California and I'm aware that it's possible to skip the 2+ years experience requirement: http://www.dre.ca.gov/examinees/BrokerExperi...
Clint Worland
Laminate Flooring vs harwood for higher priced property
I have a property in Oceanside CA just west of the 5. We are trying to get someone to reach for the price and we are looking for around $800k sales price. We are leaning towards a continuous run of laminate flooring t...
Nick Graham
Anyone ever rented a property then put it on Airbnb for profit?
Hello everyone,I’m looking into renting some properties, and have limited capital for now (about $5,000). I came across an article here on BP that talks about Airbnb Arbitrage. This is when you rent an apartment/prope...
Braden Downs
Investing In Marrige
How has marriage determined your investing strategy? For example, I wanted to use A FHA loan to buy a duplex. My wife was not fond of the idea of someone living in the same house as us. I am in LEO and work odd hours...
Kyle Soderman
Duplex with sloped floors
Hi BP!I need some unbiased advice here.I am looking at a duplex currently in NE Minneapolis, MN. It is an older home built in 1900. Here is the numbers break down. (I have the offer accepted but I have not yet submitt...