Ben Lee
relocating- To sell or rent out existing house
Hi all,
I have a home in Southern California which I purchased for about a million dollars in 2014. However, I will be moving to Northern California and wanted to get your thoughts on whether it is better to rent out...
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Preforeclosures...School me
Pre-foreclosure - The loan is in default and the seller is facing foreclusure. It seems like the bank pays the seller the value of the home minus the owner's equity in the home. So, from an investors perspective, if y...
Tim Bee
When to sell a bad rental
I have a rental where market rent for this SFR is around $2000/mo. It's been vacant since June. That's puts it vacant for about 4 months now. I started advertising it at $2100 and steadily lowered it to now $1700. ...
Howie Baker
I acted as a private investor and I am not getting paid back
Greetings Pro Members,A person I have known for five years and who early on in my career acted as both a mentor and coach for me got me interested in being one of several private investors in a high end flip he and hi...
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advice on investors
I am not a real estate investor - what I want to do is open a bookstore/cafe and bar. I found the perfect building, but the banks are not into loaning me money for the store AND building.
My question is this - would...
Imran Raz
Refinance options on Rental Property
Hello guys, I am in bit of a bother and cannot decide what to do. Here is the situation.I have a rental property which used to be my primary residence, I bought this property back in 2006 when prices in my area were t...
Russell Hargrove
Negative cash flowing, negative equity rental property.
I purchased a SFR in a suburb of Philadelphia in late 2006 with an 80/20 loan for $355k as my primary residence. My family and I lived there for 10 years and and have since relocated to Southern California. We now ren...
Tyler Hull
Stumbled upon Motivated Seller, Now what to do?
Hey BP,I have stumbled upon a family friend who is about to lose their house to the bank. I know that they owe 58k on the house and I would guess it is worth somewhere between 90-120k. I have no properties but long te...
Jose Matuk
Owner and now renter tax questions.
Hey everyone, I have a question that might be logical but I still want to touch base with the experts here. I purchased a home a little over 1.5 yrs ago. Now I have to move and it doesn't make sense to sell that home...
Ryan Leary
House Hacked my First Rental property - stuck on next best move
Bought my fist property in 2022,PITI + HOA at the time was 2200, based the market and renovations i believed i could get 2400-2500 for the property, which i did get 2500 the first year. I am now in my 2nd year of tryi...