John A Murray
California School Impact Fees for ADU's less than 500 SQ FT.
The California Department of Justice, in conjunction with the California Department of Housing and Community Development, is investigating the charging of this fee. They are looking to find out what cities force ADU a...
Ronald Fontenot Jr
DSCR Loan Length
I've found a 4 plex that has piqued my interest. It's recently remodeled and vacant, but ready for renters. It has one 2/2, two 2/1s, and one 1/1. I've run analysis conservatively and it seems it will cash flow fairly...
Bastian Kneuse
Repair - Request Itemized Statement from Property Manager?
I just had a situation where a tenant had a leaking toilet and informed the property manager. Apparently, it was considered an emergency because the supply line was leaking and otherwise would have flooded the home. T...
Kevin Allen
Government forced section 8
Ok, so I live in Louisville, KY. I currently have two sfr’s and was actively looking for my next purchase to pull the trigger on. Louisville Metro (Jefferson County in KY) is now in the works of passing a fairness o...
Todd Powell
Anyone hearing the "therapy animal" workaround for "pets?" I am !
I have owned and operated properties since 2007, and have always had a NO smoking and NO pets policy. As of late, I am getting a lot of requests for needing a "service animal" or "therapy animal". I don't know if this...
Michael Glaser
SBA EIDL Loan Terms | Is It Worth It For $25K+?
Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
Jonn Vidal
Dealing With Very Litigious(?) Agents During Roommate Search! -CA
Hi BP! Last year I teamed up with my longtime buddy and purchased a 4 bedroom (single family detach) house near campus while we are finishing up our degrees.We use 2 bedrooms for quiet living/study, and offer the othe...
Brandon Rodriguez
Last time I Show A Property with Tenants Still In the Home
The rooms looked like the parents don't enforce cleaning, and their were boxes and clothes EVERYWHERE, the tenant was walking about in his bath robe, nearly looked homeless. Ohhh why did I think it was a good idea.....
Monty Corbett
How to Form an Investor Pool?
Hi All,
I have a few investors looking to invest in a few potential properties. I need to pool their money together but I have a question.
Typically, do you provide a return on the investment while holding the fund...
Dave Blackman
New Investor - need another umbrella?
Hi there,I currently own a primary residence in California, and am closing on two SFH's in Missouri -- I have a Umbrella policy in place to cover beyond my homeowner's insurance for my primary home in CA, but my local...