Hi Guys! I recently had a seller (another investor) agree to a 45k purchase price (cash) on a house with ARV of 60k. The house had a full gut rehab 4 years ago when this investor bought it. The current tenant is “all ...
Brandon provides excellent advice in his video “Are Your Tenants Unable To Pay Rent Due To Coronavirus? Here's What To Do!” https://www.youtube.com/watch?v=1CLa0UJCn3w
In particular, his Emergency Rent Deferral Plan ...
On July 15, we went under contract on our 6th rental property. It's a townhouse and was listed for a day when our offer went in. It's in the same complex where we have two other units - offering on this one was a no...
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
Some context…
Small multi-family building (4 units) self managed. One of the upper units went vacant and needed an update (flooring, paint, etc.). Power tool work began no earlier than 9:30am and finished no later ...
Sorry for the lengthy post, but I've run into something I haven't had to deal with in the past. Not sure if there's much else I can do, but wanted to post what's going on here to see if I'm missing anything.About a mo...
I know there have been many threads started on Coronavirus and it's impact on STR's over the past few days, but I wanted to share this data that Airdna published today detailing the affects of it on different types of...
Greetings Everyone,My name is Darin, and I am shaking my head these days. I have been studying, reading, scanning and contemplating this path for the past several years, and always said, I should try and turn several...
(accidentally posted in general) So I would like to generate as much feedback as I can on this and I sincerely apologize if a lot of this has been covered in earlier posts. I am a newish investor in Southern Californ...
Every investor I meet, I like to ask them about their thoughts on where the real estate market is headed, specifically in California. People seem to give me answers from both ends of the spectrum. Recently, I spoke wi...