Alex Breshears
Clearing up something about private lending...
Since I get these questions a lot - I thought going out to the BP community to see what they think might be educational.As a private lender, I've discovered the term is very ambiguous and vague to borrowers. There are...
Danny Polanski
California is at it again.
California county bans landlords from conducting criminal background checks for housing!https://www.foxnews.com/us/cal...
Serge S.
Due on sale clause was called by bank!
I wanted to share a recent experience. I recently received a letter from one of my lenders (Flagstar bank) calling out a deed transfer I made around 2-3 years ago. I transferred a deed via quitclaim from my name into ...
Patrick Thomas Dickinson
To Sell or Rent my house San Francisco Bay Area
Quick question BP folks,
My tenants lease is up as of November 1st, 2022 and I am contemplating selling the property: As of right now I could walk away 200kish tax free because I have lived in the property 2 out of ...
Brett Lee
Pay off rentals early OR Pay down Primary house?
I have a duplex that I owe $135,000 on that currently generates me $1000 per month in passive income. My primary house has a mortgage of $329,000. I recently sold our old primary house and I have around $200,000. I...
Account Closed
Property owner class action airBNB lawsuit. All owners can join?
It appears here there is a class action lawsuit in the works against airBNB by property owners for apparently leasing/subleasing of their property without consent. How large can the class get? Nationwide?http://www.pr...
Eric Moeller
Leasing homes to then sublet through Airbnb? Viable business?
Hey all!I wanted to get this conversation started to see if any investors out there are currently sandwich leasing properties for the main purpose of subletting through Airbnb. I came across a landlord who is looking ...
Ryan Moore
CD vs Savings, comparing the rates
On Ally, their savings accounts are 1.75% right now. I was looking at their other products... why would anyone even consider a money market at 0.9%-1.0% and CDs that are <1.75%? Is there something I'm missing abo...
Raquel Pea
Are There Still Many Motivated Seller's in West Oakland, CA?
Hello BP,I currently work with a Bay Area Wholesaler, and soon I hope to start up my own wholesaling business in order to raise funds for investing. Here is my concern: I am not confident there are many motivated sell...
Nicole Obregon
Would you rent to someone who had a past eviction?
Is this a deal breaker for you? Is it an automatic disqualified? Or, do you take it on a case-by-case basis?Here's some background info on my situation:Renting out a townhouse in a decent, working-class area, some cri...