Currently own/reside in a SFH in Illinois. Recently purchased a SFH in Palm Springs, CA as an investment/vacation rental. Plan to retire in CA. Looking for vacation rental tips and tricks.
Top of the afternoon BP family,
I’m a newbie who recently came across a formula on how to budget for CAPEX. It says that I should take the cost of the repair and divide it by how many years it will last and divide t...
Folks,
Just wanted to give everybody a heads up on what can happen with online crowdfunding real estate sites.I have invested with Fund That Flip (FTF) for the past 2 years. I invested in 11 of their projects, each ...
Hello, we had a tenant move out that we inherited with the building. We are owed approximately $2,300.00 in back rent and heating oil bills. We gave a demand for rent & eviction notice about 15 days ago, but they’...
Hi BP!
As new landlords, we do not have enough experience with the screening process, and would like to get advice from others.
We have a married couple wanting to apply and I am planning to use Cozy to screen them....
I am new to short sales...always done REO's. I figures since I am in CA I might as well learn as almost everything is upside down here.
Here are my questions:
1. Is the realtor the one who negotiates the short sale...
I've owned a two-flat in Albany Park for about a year now. We've replaced the roof (18.5K, it was never torn off in 100 years) and redid kitchens and bathrooms. We're planning to replace our galvanized pipe with coppe...
I was purchasing a multi family through an IRA LLC and was utilizing debt to finance it, requiring a non-recourse loan. Was given the contact info for:American Money Loan Services and the person’s name, Tom Vanderlaan...
Hello,My name is Carl from Eastvale, California.I'm highly interested in purchasing my first rental property, but have no idea where to start. I have some money saved up and am convinced that my only option is out-of-...
NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!
Here is why. If you do so - 100% of the cash converted is taxable. There is a much better alternative!
The alternative is to set up a self-directed IRA, or better,...