Mike J.
Lessons Learned From My $30,000 Mistake
Spring of 2010.We (my father and I) purchased a home in the Inland Empire of Southern California. It was a brand new 3Bed 2Ba SFH that was listed at an unbelievably low price. A little backstory on this property; this...
Yu Chen
owner occupied vs investment property mistake?
Hey everyone,
I recently bought a property in Kansas city as an investment property about a month ago. I live in LA and I'm in the process of obtaining a mortgage to buy a home in LA to live in. The underwriter worki...
Terrell Garren
Another mistake...always learning...background checks...
Learn from my mistakes young ones - After 12 years and a string of great tenant selections, I thought I was a godly judge of tenant character and would occasionally get lazy and sloppy. 12 months ago, I rented a SFH t...
Irma Siney
Mid month lease, a rookie mistake
Last year a tenant signed a lease contract that started January 15, and for some reason, may be a senior moment, I wrote the contract to end this year on January 15. (He paid deposit + last half of January to move in...
Christopher Scott
My Best Mistake in a While
Given the current interest rate environment my wife and I decided to refinance our primary home. I'm always on the look-out to decrease my monthly payments and at 2.5%, how could I say no?
As anyone who's done this b...
Luis Y.
First Property mistake and lessons learned
Investment Info:
Townhouse buy & hold investment in Mililani.
Purchase price: $395,000
My very first purchase... made a lot of mistakes. Started Househacking with the property and after about a year ...
Elisha Keller
Newbie Question #4: Number one Mistake
As I've been on BP I've been reading as much as possible--even the ones that sounded scary. I want to learn the worst things about being a landlord as well as the positives. The question for the day:
What was...
Mario Arellano
Property Taxes - Learn from my mistake
I made the error in using information from Zillow on the cost of my property taxes. I dug deeper into the cost by going to the county's website and the rate was higher. There are also annual fees for trash and storm...
Stephen Brown
Made a Mistake on Down Payment
Hello All,I bought a duplex and put 45,000 down rather than house hacking (numbers didn't make a lot of sense after moving out of the house hack) thinking that I could borrow against this 45,000 later on. Turns out I ...
Jessica Powers
Rookie Mistake - Am I stuck now?
Hello everyone, I'm new to REI and I'm worried I might have made my first mistake!We are looking to purchase a rental property and were looking into financing options. We have found some potential properties but wante...