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Economic Update
(Labor Day Edition)
This crazy bizarre year will undoubtedly be remembered as one of the most challenging times of our lives. A worldwide pandemic, social distancing, facemasks, a recession, histori...
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We are so excited by a potential opportunity we were just presented with but we are also new to this area need your advice and thoughts on things to watch out for!We have a great relationship with the builder of our o...
Hello everyone. I have been lurking on BP for some time now, but with the start of the new year, I am really trying to put together my plan.
Here is my situation. I am an attorney with stable income, but look...
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I've heard a bunch of insurance horror stories lately, so I just wanted to see if people had experience/opinions on NREIG. I like the fact that they're clearly investor friendly, but I just want to make sure their ser...
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Hi BP,
Its been a while since I posted here. I have been learning a lot from all of you. :)
Here is what bothers me now. I bought a duplex in Sacramento 6 months ago. Since we put a new tenant in on the unit (the ot...
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I'm not sure what's going on. Typically for my 2-unit buildings the quarterly water bill is around $40. Both apartments are 2 bedrooms and fully occupied for this price.Last year, I dealt with a huge leak because of a...
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As a new investor, I am leaning toward the BRRRR strategy. However, I'm having trouble rectifying the third R with cash flow goals as part of this strategy. If I purchase a property that appears it will offer me a ca...
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Hello everyone,
My listed property was in contract on May 2014, received deposit, and buyer had until June 30 to close. At end of June, my agent finds out buyers lender, Wells Fargo, is requiring 2 appraisal...
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We are moving out of our home and have renters moving in. This home is large, very well kept, and in a very nice neighborhood. The tenants moving in are wealthy and have expensive taste. (Just to paint the picture for...
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We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....