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Hi Guys,Brand new landlord here and was hoping the BP family could help.I had some tenants move in and signed a lease indicating no pets and making no meantion of any emotional support animal.One month after move in, ...
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I have $70,000 in capital to invest in buying notes. Would that be enough to get into note buying? I recently retired and I like to augment the income I receive as a landlord. I don't want to purchase anymore tenan...
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Like to know your experience or opinion.
Local Housing Authority has hired new inspection company. One of my property was failed for 4 missing window screens, 1 ungrounded 3-prong outlet and access to attic for inspec...
Hi BP,I'm in the process of purchasing a duplex in LA. The owner passed and left the house to her 95 year old sister, who is selling it. The front unit is empty, but the back unit has been occupied by a couple and t...
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Hi all, I’m almost in escrow with this single family home in LA with an un-permitted large ADU with a Certificate of occupancy. An architect told me that even though ADUs should not be bigger than 50% of the main hous...
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I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
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Hi, can someone explain this to me? Basically give me an example of say a $100,000 home and how this is wise to use that rents for $1200-1400. Verse other loans. Or why one would choose DSCR loan / interest only pa...
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Most people overlook mobile home parks as an investment vehicle due to negative perceptions about the kinds of people that might live there or what they represent (poor, dirty, untrustworthy, etc). What you think of w...
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Hello,
I have a 3-Family house in Albany NY under contract with a 2-car detached garage that cannot be used (roof is collapsing, structural issues). Removal according to the inspector would cost aroun...
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Hi, BPers, I have a potential tenant with a small dog -- a 14 year old yorkie. I am wondering if the pet is a concern? And what I should put in the contract if I rent to this family. Thanks a lot :)