I'm a new investor and would love to hear your opinion on my 1st rental property purchase attempt in Southern California.The good:1. 4/2/2 1600 sf SFH with big yard;2. flipped house so everything is new;3. comps with ...
Hey BP club, I need your advice. I just inherited my dad's home in Aurora CO.I'm still serving and may be sent to Japan, Thailand, Middle East. Who knows!House prices and rent keep going up because the Denver area is ...
Hi,I’m currently in escrow on my first short term rental in Joshua Tree. I’ve been helping other Los Angelenos buy out there and thought it was time for me to get my first short term rental. I’ve been debating on self...
Hello all! I wanted to introduce myself and see if anyone had any insight if you were in my shoes what you might do.My name is Zach Dorff and I live in North County San Diego. I've been listening to BP pods for a few...
My strategy for this year (2023) is to:
1. Buy two 500k multifamily units (or one 1m multifamily unit) - ideally they break even.
2. Cost segregate both properties and generate close to ~150k in passive losses, ~...
Hey All,Question for the masses here. I bought a house that I intended to flip. During the project, a bunch of things came up that were addressed that made me go over budget and over my timeline. The house, however, i...
We all know retail prices are high, what criteria are you using when writing and presenting offers on single family homes? Currently I'm finding the number that will cash flow $1 after mortgage and variable expenses a...
I would like to get landlord opinions on whether or not you use home warranties such as American Home Shield, etc for rental properties. Is this something that landlords utilize to reduce repair costs, Do you require...
I went to preview a listing the other day, and came across a system that set my mind ablaze with opportunities for the application of this system for investors that want to do their own lease up remotely!Here's how it...
I made an offer on an REO property in southern NJ. Details below:Offer price: 70kRehab budget: 35kARV: using comps in the area 165k. Going conservative and will say 150kGoal: Probably fix and flip. May BRRRR. I have t...