Hello there,So to start this off. I moved to Nevada for work and could not sell my house in California in time so I got with a relative of mine, which is a realtor, and we started the whole search for a tenant. We c...
Hi, I'm a new investor and I have been looking into hard money lenders for my first flip. I spoke with a company and they stated that for first time borrowers they would require a down payment of $10- $20 thousand dol...
Hello, I'm in the process of securing property in the U.S. as a Canadian investor. A private lender named Direct Commercial Funding Inc. has presented us with favorable loan terms, however, they include a substantial...
Hi BP team,
I’ve been trolling the forum for years and just closed on my first rental property in Philly, a triplex.Close date was 4/15 and no lie, the last 45 days have aged me with stress and anxiety(I’m 27).
I pu...
Hello All, Can anyone recommend a good inexpensive company/site to form an LLC in California? Thanks.
I get this question all the time....How can I save money and make sure I am the most profitable. While I can give you my speech on the importance of a good management company, making wise investments, etc I believe, i...
I am managing a property in a Class C area for the first time; my other places are in nicer areas.So one of the things I have encountered is maybe 10% of the calls are from people who sound quite desperate and mention...
Hi All,Well, thanks to this blog, I decided it was time to dump the negative cash flow condo by the beach for a 7 unit multifamily that will cash flow about $100/ door with the under market current rents. I just clos...
I have been receiving a lot of interest in some of my rental mobile homes from Hispanic people that have recently moved to the U.S. from various Latin American countries (Central America and Mexico mostly). Most of t...
OK, so, I've got that off my chest.
Here are my gripes, from a tenant's perspective:
All of my rental properties are in Georgia, where I don't want to live. So, whenever I end up in California, I ren...