Good evening BP! I would like to throw this out there and listen to the feedback! I am curious to see what you would do if you were in my position!Currently I have 2 savings accounts. My first account is at the bank i...
Owning rental property is a business. Generally speaking, revenue is earned through rent payments from a tenant. Having an empty space, whether it be an apartment unit or a single family rental, is considered a vacanc...
In late 2017, Governor declared a few counties in California "Disaster Areas" and CPC 396 comes into play forbidding rent increases exceeding 10% for the 30 days after the declaration. According to CPC 396, it can be ...
Greetings to like-minded people in the Los Angeles area. I'm looking to continue growing our rental portfolio and find local people that periodically meetup to help and learn from one another. Sometimes you can pick...
I came across some tenant survey results suggesting covered parking was a major on-site perk.
I don't have carports at my eightplex and nearly every rental applicant asks to see my parking lot. So - I k...
I recently looked at a home for my personal use (not investment), and the house is listed as a 5 bedroom house. However, in GA, to be considered a bedroom there has to be a window and a closet. And the 2 "rooms" in th...
Hello fellow investors I have an electrical question regarding Chicago, IL utilities. After inspection on a 2 unit, non conforming 3rd unit we found that the 3 of the panels currently there have shared fuses meaning t...
Hello BP! I’m a newb, under contract for my “first” property (it’s actually my second, but the first one I’ve bought specifically as an investment property). I started an LLC to hold my properties in and I’m meeting w...
Hello everyone. I am about to sell a rental property that will result in 50k-75k in profit. The question I have, which I haven't been able to find a clear answer on, is will I have to pay the 15% tax on gains or 0%. M...
On Friday, March 13th, my husband and I got the email that our new investment property closed. We were sitting in a midst of toys with both kids, now out of school for the foreseeable future, scrambling on our laps a...