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$2.415M Purchase PriceDown Payment: $750k (including closing costs)70% LTVArea: C but gentrifying Condition: B- Potentially subject to LA COUNTY RENT CONTROL 3% cap. But historically raising 6-10% annually. Rental Re...
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Hello BP Family,
I have a tenant who is a single woman that ever tired receiving a fixed income. She is currently paying well below market value for her unit , however her payments are on time every month. He's over...
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Hello, any investors have experience in Allentown, PA? I have been looking on a few real estate sites and see some low prices on SFHs. Are there areas to avoid here? Any advice would be helpful. I know nothing of the ...
Hi all,I have just put 2 properties in the LA county area (one SFH, one Multi Family) on the "make me move" section on Zillow. I set the prices quite high to gauge the market for them not thinking there would be much ...
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Hello Everyone.I've been following forums and watching webinars - learning a ton from you all - thank you! Well, it's mid-November, and I did it! I pulled the trigger and purchased my 1st, 1968 SFH needing some updati...
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I have a Section 8 renter and my current mgmt company emailed me that the Dept of Housing is asking if I plan to increase the rent. I wanted to find out how well the tenants are taking care of the place before I d...
Hey all,I am acquiring a property with a bit of an issue and I'm not sure how to proceed. This may be a question for an attorney, but I thought I'd address it here for posterity.The property has been occupied for abou...
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I had tenants move in to a nice B class home 2 weeks ago. Roof leaked this summer; we fixed it. Roof looks like it's in great condition, but apparently the guy who put it in before we bought it drilled nails too dee...
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I'm still learning about financing and I'm in need of advice. Where should I get a mortgage from for investment properties and which type of mortgages should I use? I will not be living in the properties so any mortga...
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Hi all, Being my first post I would like to just say thank you for any responses, suggestions, or advice. I am currently house hacking my first property. I initially started with roommates but after a year and...