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I had a rental application from someone with poor credit. She furnished paystubs showing a very handsome salary and was more than qualified, willing to make two months security deposit and start the lease immediately ...
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So I have found a property, in a decent middle class neighborhood, the details are as follows:
[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)
# of Units: ...
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We are all familiar with issues related to service animals (specially trained and certified dogs) and assistance animals (such as emotional support animals of any species or breeds).This post suggests a compromise res...
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Hello BP Community, Do any of you have experience as a gator lender? If so, I’d love to hear it!
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Has anyone use RUBS (ratio utility billing system) on a small multifamily property (say 10 units or less)? Is it cost effective for smaller units? What are your thoughts/experiences? Thanks!
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At one point somehow I accidentally paid my mortgage on an investment property twice in the same month.
That was dumb, I thought, after realizing my mistake. However, instead of calling the bank and trying t...
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I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
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Hi BP community- longtime lurker, rare poster. I've seen many, such as Ben Leybovich, decry SFR properties, but I have a hard time understanding why- from the perspective of a smaller investor.I work full time, and o...
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With the end of the federal supplemental unemployment benefits ($600 per week) in July, will we see huge increases in missed rent payments in Sept?While many here have anecdotally reported that they are collecting ren...
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As a bit of background, I live in Los Angeles, my investments consist of sfh in Ohio and one vacation rental here in California. Before I began investing, I got my CA real estate license (Its now expIred), signed on w...