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There seems to be a general assumption that longer occupancy durations can be achieved by using fixed-term leases (e.g. 1 year) as opposed to month-to-month leases. However, despite spending quite a bit of time on Goo...
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Hi there, I'm a 'newb' from Los Angeles, CA and I have a quick question for all of you out there. Here are the stats on a hypothetical Flip deal:Cost: $125K Sale Price: $220K Rehab total: $40K I'm planning on putting ...
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Purchasing property for cash. Using private $$ loan for rehab. Will Refi after rehab and/or Seasoning. When going to apply for rehab will lenders allow refi in LLC name? Does refi have to be in personal name?
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Dear BP community- Thanks in large part to this community and a hard work - we are in a good position but have to make some decisions about a possible move for a new job. We purchased a home in CA three years ago for...
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So, there's a new flip show on TV. "Flipping Vegas." The show follows a flipping "expert" bumble his way through rehabs in the Vegas market.
His attitude reminds me of Armando Montelongo. Very angry towards his cont...
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Today was my worst day ever landlording. I evicted a 86 year-old lady and her 50-something unemployed daughter. I purchased the property back at the end of May. Right after closing I gave the lady the option of paying...
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Hi everyone,
I'm a real estate investor based out of state and I'm currently facing some challenges with my property manager. I would really appreciate any advice or insights from those who have been in a similar sit...
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Hello BP community,
I'm wondering, for those of you who are deep into the world or REI, what are you hoping for when you meet a newbie?
In my experience, the best relationships are one of give and take. Being so new...
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Why do syndicators focus so hard on IRR? If you have a specific return you are targeting, wouldn't PV be a better metric to calculate?
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Good Morning Fellow BPer's!I have a situation that has come up recently with a rental unit that I have and wanted to see what the communities thoughts are. My tenant recently passed away 11 months into a 2 yr lease i...