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In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
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Hi all, first time posting here.I have been listening to the BiggerPocket podcast for a few months and would like to get my feet wet.There is an opportunity, close to where I live in Los Angeles, which asks for 2M. In...
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Part of analyzing a deal is having an understanding of the fixed costs that come with doing that deal. BiggerPockets Blog contributor, J. Scott wrote an incredible article to spell out the details for anyone interest...
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Hello Everyone,I currently live in one of the most expensive areas of the country (Bay Area, CA). I work in tech at an amazing company (Facebook) and I am extremely fortunate to have a relatively high salary for my a...
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Ok, so I understand that everyone's situation, property, location is different and thus I'm stressing that this was just my own personal experience and I'm over it - after only 2 weeks ;-)Beginning of the year I decid...
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I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
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Does anyone else believe in Austrian Economics & follow Peter Schiff & Lew Rockwell & think that when the everything bubble pops in next couple years (we are already in 2nd longest expansion ever) that we ...
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Be careful when discussing or posting wholesale deals on Bigger Pockets' forums. Myself and several other wholesalers in my area have gotten complained on to the Florida DBPR and after looking into it we determined th...
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Hi all, I'm a new member here, I've been wanting to own rental properties for a while and finally, I pulled the trigger and now in the process of my first rental!! After I sign the contract, I feel like I'm getting cl...
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Hello CA BP members!I am new to REI and joined BP several months ago. We live and Turlock and are looking for buy and hold multi family opportunities for cash flow. Unfortunately our area will not support cash flowing...