Justin Furtado
Feeling trapped need help
So I bought my first home in 2010 in Huntington Beach with a first time home buyer assistance program. The program gave me 100k interest free, however it’s an equity share program where they will get 100% of 20% of th...
Brandon Johnson
Problem Tenant - Utilities
I'll state a bunch of facts and then ask my questions:- Tenant lives on the 2nd floor of a 3 floor house that is a legal duplex- My father occupies the 3rd-floor space of the duplex, which is basically an efficiency...
Glenn Espinosa
Sigh, learning along the way..
So my first forray into using a HML has been smooth sailing thus far, or so I thought.
We're set to close on a property this upcoming Monday. When I put my offer in for the house I had worded it as an all cash offer....
Justin Kerstetter
How to address a tenant with an unauthorized pet
We just found out that a tenant of ours just got a puppy as a supposed emotional support animal. They signed a lease stipulating that pets were not allowed. We are in CA and wondering the best way to address this. Tha...
Ryan Elam
2nd home loan impact on primary residence mortgage?
Hi there, I'm just starting my journey in STRs (have 1 up and running currently) and have a question....How do 2nd home loans impact your ability to qualify for a mortgage on your primary residence? One of my potentia...
Stephanie Hardy
Ahhh!! Closing on 1st home and am afraid I'll miss something!
So, my step-father-in-law has decided he will seller finance a home to us! This will be our first investment property. We are still trying to figure out if we want to spend $15-20k to redo the floors, kitchen, & m...
Ana Marie B.
Inspection Response Period Over....No Response from Seller Yet
Hi BP Folks! My husband and I are in contract on an investment property as buyers, completed the inspection, and our agent submitted our repair requests timely. Contract specified that seller had 2 days to respond (y...
Matthew King
Advice for acceptance and holding fee- newbie question
I'm brand new to REI and being a landlord. This is my first time posting although I've been watching and listening to the podcasts for several months. I've been talking to friends in the business and reading a lot (...
Account Closed
"Shy" seller (no response to offer)
Hi there.New, aspiring investor here. Just getting started. I'm working with some family money, trying to find a place in Los Angeles, but I work in China (grew up in LA, family still all there).As an investment, we a...
Bienes Raices
Problem with security deposit account, and Bank of America
I set up two business checking accounts for my LLC--one for the rents,etc. for the property that will be held by that LLC, and the other for just the security deposit for that property, as my state's law requires. (la...