Hi EveryoneAfter reading through many excellent posts, include the "Diary of a New Construction Project" by @J Scott and @Joshua Dorkin, I thought I might add our voice here on BP. I am proposing to track the entire l...
In addition to an irresponsible Draconian Rent Control measure, California will also be voting on an equally irresponsible Confiscatory Property Tax increase in November.Props 21 and 15 respectively, will combine to t...
What's up with all the low income, cheap property "deals"? "I bought a house for $30,000 and rent it out for $700! I'm going to make a great return!"You are completely neglecting future CAPEX. What happens when you ne...
My plan is to share my journey with Bigger Pockets by making posts detailing every big milestone I reach in my Real Estate Investing career.Part 1 can be found here.Part 2 can be found here.4 unit in Las Vegas, Seller...
We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
Just wanted to
Share what we are doing with our kids. We have 4 little chitlens ( ages 5,8,9,13) and we are always trying to teach them about money.
Monopoly and cashflow for kids are the games we play around here.
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Where should I draw the line? Always, a few days before rent is due I get a maintenance request.My tenant is a self-described handy person and he also works in an appliance repair and sales shop. He is the first tenan...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $150,000
Cash invested: $15,000
Property valued at $265,000 with $150,00 still owed on it. I put $15,000 into it an...
Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pain...