Laura DenHaan
Selling was the easy decision. Now what?
I made the decision to sell my rental property in OR that I've had for 18 years - the time was right for reasons I won't get into. Now I'm trying to figure out where to invest the proceeds - I estimate it will be abou...
Victor Latimer
300k to build 1100 SF 3/2 ADU or invest in stock market
Hello all. So I live in the south bay of Los Angeles (Torrance/Harbor Gateway). My primary property is a 3/2 1266 SF home on a 7500 lot. We have in a hand the permit to build a 3/2 1100 SF home in backyard. I I can ge...
Amy Oltendorf
Tenant caused fire and has no renters insurance
Hi all,Looking for advice for my new real estate dilemma. I had a tenant call me the other day informing me of a fire on the front porch. The tenant left me a message in the middle of the night informing me of the fir...
Eric G.
That's Just Criminal
Anyone see this?Oakland bans criminal background checks on potential tenantshttps://www.latimes.com/california/story/2020-01-21/oakland-bans-criminal-background-checks-on-potential-tenants1. Is this fair to the law-ab...
Andrew Emery
Failed sewer scope, should we walk?
Hi folks, we are into our second potential deal that might blow up.My question is should we walk away from this deal? We have had the sewer scoped twice and found an offset both times, and we are asking the seller to ...
Tricia O'Brien
Anyone Using Rhino as an alternative to tenant security deposit?
I have heard about a company whose website is www.sayrhino.com that offers an interesting product. It allows tenants who don't have enough cash for a security deposit to get an insurance policy for $10-$20 per mont...
Michael King
Question regarding leases
BP friends, I have a question. I bought a 4 plex in January and took on the existing tenants and leases. My plan was to just let the leases expire naturally then replace them with mine. What could be a more brilliant ...
Robert Quiroz
Why are a lot of MFH being sold with rents under market
I've underwritten around 30 deals so far, mostly in the Ohio market. I'd say that 85% of them have rents that are 10-15% under market. If the way to increase the selling value of a MFH is to increase NOI by increasi...
Account Closed
Would you get a house "subject to" at full retail value?
Would you ever use the "subject to" method to get a buy and hold property if you had to pay full retail for the house? I've watched several of my neighbor's houses sit for 6 months or a year with a for sale sign in th...
Nathan Gesner
Small Landlords are choosing to sell
More Landlords are choosing to sell, and I can't blame them.https://www.cnbc.com/2021/03/2...