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You have two homes that are rented at 1,000 and 1,050 a month with 2 year leases.
No mortgages on either home.
Both houses were purchased and renovated
One Is worth 135k wIth about 30k equity.
One Is worth 130k wIth a...
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Hello! My wife and I bought a 3 bed 1 bath well maintained sfh in a great area of LA four years ago as the market was rising. Both sets of parents contributed to the down payment. Then California passed the law legali...
If the layout makes this feasible is anyone considering it? Surely the property would be worth more this way, especially if there is little yard area around the house. Also if one had a basement, perhaps egress priv...
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Hello! I have been struggling to understand why I can't meet my budget goals each month with a more than reasonable budget of $5000. I live in Phoenix and am married with two little girls, ages 2 and 4 months. We do n...
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First of all, huge thanks to Cody here on the forum. He asked me not to bring up his company name but I can't imagine there are tons of people with that name active on here (and I'm not sure how to highlight someones...
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Im analyzing my first MHP and the seller didnt include property management as an expense when calculating his NOI. Even if it will be self managed do should I still include management cost as part of the operating exp...
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Hello, I am new to this website still. I recently acquired a commercial real estate property and the property taxes the next year went up nearly 60%. Therefore I filed an appeal explaining my situation, however the Bo...
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Hi, I'm writing a vulnerable, honest post here <scary>. Hoping to get advice from some experts.For 10 years, I've run a very successful destination wedding business. It has been absolutely decimated by Covid. I ...
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Hey BP,I bought a property last year and it had a brand new septic tank and drain field installed. The tank was increased from 1300 - 1500 gallons, and it was inspected and got a clean bill of health. Fast forward 12 ...
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Hi BP friends, been lurking here for awhile learning everything I can. I hope to buy my first rental (or an ambitious 2?) by end of year. So far I've read Real Estate Rookie, and am currently reading the BRRRR book, p...