Hello everyone, My name is Monico Lorenzana, I'm an aspiring real estate investor out here in Southern California. To make a long subject short, I'm learning to find home's ARV and learning to structure an offer (if y...
On the tenants last day she was cleaning out her stuff and I saw some obvious damage to the hard wood floors. I called my favorite flooring guy and he ended up renting the place! Zero vacancy days and now I have a te...
Currently looking at a multifamily property.Purchase Price- $371,000Rental Income- $310025% down with taxes/ insurance makes mortgage -$2,040The property is turn key and has been fully redone over the past two years....
We own 2 STRs (TN and VA) and are in partnerships in 2 others (VA and OK). We have learned with each deal and each property about the analysis, design, setup and managment of STR's. Our last partnership was with sem...
About a year ago I moved out of my primary residence and began renting it, which means I have 2 more years to sell and avoid capital gains taxes. The house is in Old East Dallas, about 100 years old, in a non-protect...
I recently bought a multi-family in Louisville, KY and was expecting to keep the 3 leased units as LTRs and turn the 1 empty unit turn into an MTR. Unexpectedly, one of the LTR tenants moved out and left me with a MAS...
Hey BP!I am currently FHA house hacking a property that I purchased about a year ago just south of USC which, unbeknownst to me, had illegal construction, which caused a host of problems, in addition to other issues. ...
I'm a new investor and am getting ready to lease out my first property. Texas has a standard lease. My question is how do I add, or can I add additional items to the lease? As an example, I want to meet all tenants th...
Do you leave a cute or small gift for the home buyer of the property you just flipped? I would like to leave something nice for the new home buyer. I would like it to be something small / cute. Something related to...
Hi all – Just a heads up, NV passed a law (SB 151) that recently went into effect. This law impacts landlord’s least favorite topics such as late fees and evictions. Two key items I’m familiar with is a 5% cap on late...