I am new to RE discussions nad the BP community. I just noticed people here are VERY open to helping and giving advice/guidance. For some reason... I feel these are red flags, but maybe am wrong. I come from the onli...
Local wholesaler gets a response from some bandit signs. A homeowner is willing to sell his vacant hoarder house and adjacent lot in a nice area in Los Angeles. Sale price for both properties is something over $500k...
In general, I love to work on and see a project complete successfully. I currently work as an IT computer administrator, and there is a never ending line of projects to complete and I love the feeling of completing th...
Well, this could definitely be a market mover around my neck of the woods and across the country. Facebook will permanently shift up to half of its employees to remote work.Will people choose to live in the Bay Area i...
This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end. Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...
Hi all, I really like the forum, podcast and blog. I've been trying to learn as much as I can all over the web but this place seems to be the best and biggest. I'm looking to buy my first home as a rental property and...
I understand the NOI/Cap rate formula for valuing how much a property is worth paying for, but how does this formula work for calculating the future or NEW value of a property after 5 years of rent increases?Since the...
Hi BP’s I’m sure some landlords are going through the same thing I’m experiencing. Tenant didn’t pay a cent towards April rent amount and has been behind since January. These charges include late fees and plumbing exp...
I have an SFH and a duplex as rentals, both with mortgages in my name. I want to protect myself and my family from lawsuits and was told by a friend to start an LLC and transfer the properties into that LLC. Since I h...
Hello BP flippers & Company,Recently I was advised to hire contractors that can "pull a permit." What does that mean? Please share.Kind Regards