Keith Montgomery
Sell Single Family Home vs Refinance and Rent out
So I thought I would get advice on this specific situation that I had not previously considered. I live in San Diego, CA suburb called San Carlos. I am buying a new home in San Diego and the mortgage broker suggeste...
Teresa Conner
Quantifying time, energy, money vs value
Hello All,
My husband and I have two rental properties and currently live outside the U.S. Our current property managers have failed us at every opportunity, and our real estate lawyer failed us when we called on him...
Lem Diaz
How do lenders view debt when looking at a 2nd investment prop?
Disclaimer: I live in the SF Bay Area (aka reallllly expensive to buy anything).Help me understand how lenders view debt. So let's say I purchase a SFH for $800k and put down 160k (20%). So now I owe 640k. For that ...
Kendall Bond
What is a Tax Sale? Tax Deed and Tax Lien
What is a tax sale?In the United States, anyone who owns property must pay some sort of real estate tax to the government. The taxes that are collected pay for public services, such as, hospitals, schools, law enforce...
Kenneth Moerschel
How long should an average appraisal take to complete?
How long should the average appraisal take to complete when I on site at the home? I know it can possibly vary with home size. But what should be the duration?
Kevin Gerace
can I write off flip expenses for a house selling in 2016?
so I asked a question yesterday, but after sleeping on it I think this is the heart of my original question.I flipped a house this year, but it won't sell til next year. Some of the money I used for renovations was al...
Sonja Regis
New to flipping, first deal, contractor dragging his feet.
Hello BP community. Just closed our first rehab deal 13 days ago. We got a few bids and decided to use contractor referred to us by wholesaler who also does several flips in the same area. Prior to closing on proper...
Ram Kakulavaram
Rental cap of 10% increase - 4S ranch san diego
Hello,I have a rental property ( Condominium ) in 4S Ranch, Sandiego, I am currently 30% lower than the current market rate. i wanted to confirm if the rental cap of 10% per year Maximum will apply for me? I found ...
Derek Lamonde
A lower Cap, but higher appreciation potential or vice versa?
Hi All,I'm extending offers for two, 2-unit properties as "buy and holds" with a lot of upsides, but unfortunately I can't have both so I have favored price-points identified. They are both A properties, but one has a...
Joe Assad
3 Pitfalls to Avoid When Fixing and Flipping
The potential for significant returns has long made flipping houses a popular avenue for investing in real estate. And the current market conditions and low interest rates of late have made it all the more attractive ...