Hey BP,Long post, thanks in advance to whoever sticks it out and reads it through!Background info- 1.Fiancé and I want to build wealth through real estate2.We look into purchasing our first home as a duplex in 20173.J...
Background: The economy is on a tear, but trees don't grow to the sky. At some point, it will over-extend and go into recession when financial commitments default.Last time, the trigger was a default on home mortgage...
I have an opportunity to assume a loan at 2.5% in a HCOL SoCal community. Even at that rate I will still be losing about $800-$1000 per month with a renter due to HOA & Mello Roos. I'm ok with a negative cash fl...
Purchased a condo in a nice part of SF in 2017. overpaid, but at that point housing was appreciating quite a bit year over year and we were confident we’d be able to rent at cash flow positive rate if we ever moved. W...
What to do?
Have a tenant after 3 months of perfect rental payments requested that we negotiate a break of the lease because her electric bill came to high. I sent her a application for heat assistance in my area but...