Hey guys, I am currently exploring my different options, in terms of financing my first deal. The first private lender asked for a 8% interest rate and agreed to pay 80% of the purchase and price and 100% on the rehab...
I applied for a rent stabilized apartment a got approved. The rent is $700/month for 2/1 apartment in a new constructing high rise. Is it legal to sublease the apartment for a higher amount than the actual rent price?...
I've recently had the luck of having two of my listings inspected by a WDO inspector that I, along with others I've spoken to, believe is a bit overzealous. Anyone have some advice on how to avoid this? I remember a f...
Hi all, thanks in advance for any help I can get!I'm closing on a duplex that has tenants of 4 and 10 years paying $600 each on month-to-month leases.Tenant 1 has been there 4 years and has taken really good care of t...
(Everything in the following story is absolutely true).
A friend of mine told me there was a home in my neck of the woods and I took interest immediately.
It was through a wholesaler he knew very well. The story w...
I've looked at two deals recently where the price seems fair on the surface. But the current rents are so low, that the deal only works as an all-cash purchase. Taking out a conventional 25-year mortgage, at 75% LTV, ...
My wife and I are planning on buying a plot of land in Lake Tahoe, preferably in Placer County, and hoping to build a tiny home. The tiny home is going to have a foundation and be placed on on Airbnb. Any advice on wh...
I have a property that has incurred a lot of expenses this past year, and the current tenant’s lease is coming up for another year. I know there are no hard and fast rules, but what percentage of rent increase would ...
My tenant just out of the blue asks “are you free today to install my new kitchen faucet and shower head?” No prior notice about any issues with either item. Forget about them wanting it done “today” for the moment, b...
Hello BG,I'm considering installing a large two-story tuff shed in my back yard- I'll make it fully habitable by adding Electric, Plumbing, insulation, drywall. etc. It won't officially comply with ADU code (as the r...