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I have a tenant that just left a property. I am glad they left and let them break the lease as their priorities no longer included paying rent. They went to Disneyworld, bought great toys, ate out often, etc. But t...
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Hi BP,I am in escrow on a hillside duplex in a popular area of Los Angeles, numbers wise, the place is about break even with my long term buy and hold strategy, but will allow me to build equity, credit, and take some...
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Wondering how to approach finance contingencies when working with hard money. I assume that when making an offer, it wouldn't include the traditional contingencies (bank financing) but wasn't sure. Are investors indic...
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Hello BP,I close on a property that will be a STR at the beginning of April in Jacksonville Beach, FL. The main house (3/1.5) does not need much rehab to get it up and running. There is an addition that I will be conv...
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Hello all,
Im 22, and graduating from Sacramento State Univ next year with my degree in Construction Managment. I already have my career started with CC Myers Inc as a project engineer, however I wont be making my ful...
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When you're buying a house using an agent, and the purchase contract has an inspection contingency period, and some fairly sizable issues arise during the inspection, does your agent: a) try to convince you these item...
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Appeal to BP Nation- I have erred in accepting tenants and seek to cancel a lease before the tenants occupy. I went through my usual screening process which has treated me well for decades and it looks like I missed s...
We are closing next week on a SFH that we plan to flip. It's in an up and coming area, it needs some updating, but is a 1925 bungalow with great bones and we are hoping to make some money. The house is currently ren...
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Say you are starting with about 200k and the avg house in the area costs 150-175k and rents for at least $1200/month. What would you do?
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Hello all, So I think I've landed my first zero down situation, or pretty closely at least. The individual I purchased my first property from is selling another just down the road, the pro forma provided is as foll...