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I wanted to throw some ideas and thoughts at the experienced crowd.Background: I currently live in El Cajon. Specifically in the area around the Main and Jamacha/Second intersection right off of the 8. In the past yea...
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I was wondering why a property of $70k can rent for $850 while a property of $85k also rents for $850 assuming they both are fully rehabbed. It would be amazing if someone could enlighten me on this. Thanks!
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Hello All, I'm new to the forums and am interested in owner occupying a 'plex (2-3 units most likely). Prior to discovering BP I assumed the only rules for successful renting were to not have vacancies and not to take...
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When I first started learning about this stuff, I read many blogs that said cash flow first, everything else is a bonus. That has been a good safety net and has helped make me FI. However, that said I've also noticed...
I was presented with a deal today that I would normally pass on, but the seller financing at 5% for 20 years with low downpayment (as low as $25k) is tempting me a lot. It is a 19 unit, all 1 bed 1 bath efficiencies....
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Hi Everyone,I am investing in SFR properties around the Phoenix area, and I came across something that confused me. I've been reading on BP about how a lot of you guys own 20+, or even 50+ SFR rentals. I understand th...
I have sold 5 houses in the last 8 years. I am losing money every time I sell. I frankly can’t sit still and based on my past behavior have come up with a proposed strategy.
I just sold my condo and will be purchasi...
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First post. I'm looking at starting a RE investment career. My wife and I currently own two properties in SoCal. One of the properties is paid for and the other has about 40% equity. We have owned a few properties...
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We were able to tap into the equity of a few of our rental properties. The idea is to just keep buying but we’re thinking if we should start rehabs and flips. Small LLC with under 10 units just looking to maximize the...
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The HOA president purchased a 2nd unit in our 3-unit building. This has rendered all of the units in the building unwarrantable and will make it harder for me to sell my unit which I intend to do soon. All owners in ...