I'll start out by saying I'm not trying to debate the merits of the "50% guideline." For various reasons, that guideline will not work for me. I don't know what is included/excluded in that value, and every time it is...
I have been renting a house for the past 7 years in LA and now sadly the family wants to move back in. I figured it's time to buy my own place, especially with rents so high, but timing couldn't be worse. Every home h...
Hello All BP Beautiful People,
I'm new in this REI/rental business, just started doing hand dirty with one rental apartment. Need your suggestion/advise.
Issue Background: Tenant notified me by text that the kitche...
Good Afternoon!I will be closing on a duplex this Friday. We opened a HELOC on another rental property (a 4-plex) with 800k in equity. The HELOC is for 190k. I will be using 90k from the HELOC to put down on the duple...
Hi BP Fam!
I'm renting out a backhouse, which is only 360 square feet in Marina del Rey (Los Angeles). Am I allowed to list "Unit is limited to and ideal for a single occupant" as one of my criteria? I'd appreciate ...
I'm sure this has been asked before, but I could only find limited info looking through past posts. I am new, so please understand.
I'm 42 years old and currently have $100,000 in in my 457b and 401a. I will be leavi...
Hi everyone,We are renovating a duplex, and so far we have gone with heat pumps and natural gas furnaces, so heating and cooling should be lower priced than usual.However, I have to decide on water heaters, and I can ...
Hi Guys,
I'm new to the BP Pro community so I wanted to start a discussion on my interest - density and new housing in Los Angeles. There are a number of things to look forward to in 2020 regarding ordinances and up...
started an LLC, actively working on the renovation of SFR #2 (about $17k of anticipated reno costs). Daily trips to the home store for materials and doing all the work myself. Random piles of receipts, some probably s...