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Has anyone here done a lease option in Southern California. With rents and home values so out of wack I wonder what has worked. Have you been able to set the rent high enough to cover your mortgage payment, even tho...
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I received a call today from a very motivated seller in a trailer park. He needs to move by the 5th and owns his double wide out right with no liens. The monthly lot fees are $450 and the mobile home is a 1982. I w...
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Hey guys!So here's the deal. I noticed a house recently in a good area that was vacant and had been so for quite some time. I found out the owner was some kind of bank/government financing agency, and that the house w...
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Hello all,
I have a 10-unit that is approx. 6,300 sq ft. In the current situation, it would be more profitable to provide internet. Rents are below market rate and they need to increase, but I can tell tenants are pr...
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Hi
I bought an abandoned quad, when I went to city for applying for renovation permit, they told me to bring it upto code like ( fire wall, fire sprinkler, replace wall panels with drywall...etc).
Based on the locat...
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A few weeks ago I heard from a friend of a friend about a small commercial building with long-time tenants running a business, and they want to sell mainly due to health reasons.
Long story short and after a lot of r...
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Hey Lenders,I have one rental property(with ~$100k equity) in Ca, and a few hundred thousand dollars liquid. I'm looking to build my portfolio but I am currently unemployed. How tough/easy will it be to find financing...
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Tenant B lives below Tenant C. Tenant B just moved in this month...has been a PITA even before moving in. Needed new fridge, stove, etc., and had already signed lease accepting "as is" - From the minute she moved in...
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I'm currently purchasing a home that needs some updating. My plan is to occupy the home as I complete repairs. The seller has only agreed to pay closing cost. However, there are some exterior repairs that need to happ...
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A developer has a property under contract right now, he has the engineering done so that he will be able to develop the apartments. Meanwhile he is selling a property that is in another town and would like to 1031 the...