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Hi everyone,I purchased my first rental property, a duplex, over 3 months ago and I have been unable to fill in the vacancy. Here is the info:It's located in the northern part of So Cal, in a C neighborhood.At the tim...
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I've become a more avid follower of Trustee Sale action, for a couple of reasons. First, because I am looking to secure a transactional financing source, and second because I have a particular client that wants to bu...
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We recently took a job in CA and had to list our 1905 Historcal home that we renovated for sale in a market that is not ideal for selling a home in rural Upstate New York. Knowing our options were limited we agreed to...
My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $1...
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Greetings and thanks for reading !
I’ve got a major decision to make about a tenant who hasn’t been cooperative about paying rent during COVID-19 /much of 2020.
He currently owes 6700$ from back rent and just gave...
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Hello BPs. I'm really new to BP and real estate investment. I just bought my first rental property after doing a lot of reading and research. While I'm still not 100% sure we have made the right move in terms of numbe...
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Hello and thank you for the comments and suggestions in advance. Given the ideal situation when owning a rental property (for this example residential 1-4 units) is to hold that property in it's own LLC for liability...