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I live in Ventura California and have a SFH rental in the area that I self manage. Our tenants were burglarized last month and lost $20,000 in jewelry and possessions. The tenant left a window open in the kids room wh...
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A few years ago one of the investors who had multiple properties in Manhatan Beach CA, then Phoenix AZ, who has been doing it for 30-40 years told me: " A property does not really cash flow till its paid off"Honestly,...
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There is a house that is up for auction that does not need much of any work. I think the house might go for $130k. I was told by the agent that she would list the house as-is at $189k. I ran some comparables and I...
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Hello everyone,
My story makes me a little sick to think back on and retell, but it’s mine and I’ll claim it if for no other reason than the satisfaction of the difference when I’m free.
I grew up in a rich home but...
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Hi all,
Hoping to get some guidance on dealing with a contractor that completely a kitchen remodel for me last year. I found this contractor online, and we agreed upon a full remodel price via email – we never signed...
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Upon my reasearch I came to the conclusion that a seller thats using seller financing can only do 3 a year according to Dodd-frank rule. If this is correct is it also rules limiting the number a buyer can buy using se...
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Hello BPers,I recently met with an experienced realtor who worked for a larger RE brokerage in Arizona that after a decade or more experience remains under the impression that a (non- licensed) investor cannot pay a...
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Hello everyone!I need advice, would you buy a condo and rent it out? My numbers are good as far as ROI. However do condos also have equity that rise like a single family home?
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I'm curious to hear what people have to say. As an economist/risk professional in the banking space, I feel that I have decent insight into the industry. Those of you warning of a housing bubble... I just don't see i...