I use a property manager for an out of state rental property. Last year we kept most of a security deposit for repairs after the tenant moved out. We also received some payments from the new tenants for utilities pa...
Good afternoon y'all!Can't wait to see some of you in a couple of days at the West LA BP Networking meeting.In the mean time, I'm wondering what the latest is in Comp Land. It's 2015, what's up!Facts:- I'm a Rehhaber...
I recently purchased a duplex for $450,000 with 20% down. However I pulled $50,000 out of a 401k loan with a 10.5% interest rate to be part of the $90,000 down payment. The 10.5% interest on the 401k loan is likely hi...
I know that some areas aren’t as welcoming to short term rentals. Does anyone know the best way to check and see if an area allows it? Please let me know. About to start my research and begin pulling the thread on sho...
So I've got a residential construction project that was supposed to kick off this year. I own the land free and clear (200k value), constructions costs are $815k. I planned to use the land as the 20% down payment. I ...
I have no debt, decent income and would be first time home buyer. Would you FHA 5% down? Here are the details. Obviously I did NOT include the 5% down. Any advice would be great. AP - $179K ($179 @5% 30YR)GSI - $27,00...
I'm a newbie to investing, and I think I've found a decent deal that has huge potential, but the cash on cash ROI is only 7.51%. So, I wanted to ask the board for an opinion on this deal.Summary: CondominiumPurchase p...
I have a subscription to realtytrac.com. For a particular property I'm interested in, which is scheduled to be auctioned in Sept., I can see that the "Balance Due" is $157K, but the "Opening Bid" is $110k. Why would t...
Hi all, considering buying a property in Lake Livingston, TX as a short term/Airbnb rental. I have seen AirDNA and a few other sites that have historical analytics data. Are these sites any good? Is there one that ...
Fundamentals: A Philosophy for Success in Life and Real Estate
Note: This article was written in collaboration with ChatGPT, an AI large language model, and reflects the philosophy and opinions of the author, Aaro...