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I purchased a property in an area with an HOA in 2020 in a ski town with the intent to build a home on it to live in during retirement (15 years away) and rent until then using it occasionally when not rented to cover...
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Last year we tried something new. In early December, we sent both our tenants (we only had two units at the time) a Christmas card saying thank you and enclosing a $50 gift card. We did it mainly to say thank-you t...
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I will be closing on a 4 plex apartment building this month. Each unit in the building needs new windows and could use some updates to the kitchen and needs new carpet. IRS rules require that repairs, when done as par...
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Sadly, Dr. Thomas J. Stanley author of "The Millionaire Next Door, The Millionaire Mind, and several other books related to Marketing ot he Affluent and the study of the Millionaire houselholds, passed away Saturday F...
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Does anybody have suggestions about starting to invest with 150k of student loan debt? I know if I wait too late I will never get into rental properties but I have to also worry about paying my loans
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Hi all,We are planning to move to south county soon and after we plan to rent out our condo in Irvine for a shorter term lease before we go to sell. I think we would likely just do some minor renovation (maybe paint ...
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Last Friday, HOA ripped out rental condo's kitchen for repairs between upstairs and belows units; landlord/owner also denies compensating for anything, won't even reimburse for food!
Moved into condo rental fall 2021...
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I'm doing analysis on a few BH deals around 75-95K on the purchase price. What is a good CapEx % to use on these properties. I have been using 10%, but it seems to be eating into my cashflow. Does anyone base their...
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Hi, Oakland investors. I am a newbie in the rental market. I started to look for a good investment a few months ago. I don't have a lot of cash, so my downpayment is most likely 5-10% for a property within 800k range....
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Hi BP Family,I live in California and am about to start investing out of state. I have a CPA that I've used for years but when I brought up the investment to him he said my wife and I combined make too much money so t...