Hi,We have a primary residence and one duplex as investment property in Los Angeles Area. We would like to invest out of CA and use a property mgmt company and our core requirement is positive cash flow. Looking for...
Investment Info:Large multi-family (5+ units) commercial investment investment in North Carolina.Purchase price: $500,000Cash invested: $150,000 18 Unit C-Class Apartment Building (purchased in November 2018)What made...
Hey BP,I've come across a seller with a portfolio of cashflowing properties. He has seven separate properties (each a duplex or triplex) priced between $250 - $280K. Four of the seven would have solid cashflow and are...
I have a few rental properties and always used an agent to do credit checks and rent them out. One property, a boyfriend and girlfriend signed a 1 yr lease. Then he moved out and she found a roommate and signed a 6...
I did a HML for a guy about 9 months ago. Before that he had another loan with me, always paid on time, etc. So the second time around I BROKE MY OWN RULES. I gave this guy 100% of purchase price. Now, he called and t...
Has anyone converted their attic into another dwelling or permitted ADU? Same for basement - wondering about the restrictions for each type of build and if either have a significant impact on home value or added fees....
I currently would like to place two investment SFR that are owned free and clear within an LLC. After the transaction, I would like to do a cash-out refinance for the property. So my question is this: Do I have to get...
Hi,
My lease with my tenants is up in two months. When my tenants moved in, the house was newly painted and floored. Can I hold back from their security deposit the cost to re-paint all the scuff marks on the walls a...
Looking to find out which states are Tenant friendly and which are NOT.. Is there a simple way to find this out ? Thanks
Hello all! I’ve just recently joined BiggerPockets and am introducing myself to the real estate world, I’ve been doing a lot of research, reading, and listening to podcasts to get a good grasp on the realm. I do have ...