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Family I need some advice! I have a cash buyer that has given me a list of vacant multi family properties he is interested in. Im in the process of researching to find out who owns the property. Once I get this inform...
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I've been to see an REO that's been sitting on the market (built in 1970). It's in reasonably decent shape but it does have aluminum wiring, which I would need to have replaced for insurance (and safety) reasons if I ...
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So we inherited a tenant who has lived in the same unit for over 30 years and the place smells like feces, urine, among other things. Shes an older woman in her 90's who can't really take care of it herself, and cle...
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Can someone explain mortgage financing requirements in this case1. I am trying to buy 6618-6620 West 30th (called 2 on a lot but I thing they are separate lots)2. I wanted to put 10% or, if I had to, 20% down and co...
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I have my first property purchase underway. I close on a duplex in a college neighborhood in San Diego. Both units are 1 bed / 1 bath and I secured it using a VA loan. The closing date is 8/16.
I wanted to get the ...
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I got a newbie question.
If Property Management Company can pick the right property, take care of it and tenants, and everything related to the property for ~10% fee, then why doesn't everyone do it?
Maybe many peo...
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Hello all, I have a basic investing question: What is considered a positive cashflow when we borrow 100% of the money to invest in a property?In general and simple terms, it will be the money I gain over the money I s...
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Hello, this is long so sorry in advance. :)I've been following this forum for over a year. Now that I'm a host I wanted to give back and contribute to the forum with our experience.
Our journey in the STR space be...
Thanks to all the wonderful advice I have found by lurking around on BP for the last few months we are now under contract for our first rental property! It's a 3/1 SFH and we should be closing within the next 2 wee...
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I'm in So. Cal and I would like to invest near by if possible but if I must go outside my comfort zone I will. I own and self manage a few single family units here but I really want to add a few more now so they can b...