Ken Calvin
My journey with NetWorth Realty Tampa
My backgroundI've been investing in SFRs in my local market since the 2009 crash. I started off pretty clueless but ended up with a few successful rental properties. If I got to do it over again, I would have been muc...
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Do I need a license to broker private/hard money loans?
I heard that there is no license needed to broker private/ hard money loans, Is there any truth to this? I know that you don't need one in the commercial sector. Is there one needed in the residential hard mney sec...
Barbara G.
BRRR Have WE GONE TOO FAST? A Financial Diary
We started last year and bought our first 2 side by side Duplexes. We did not have enough money at that time to renovate them but they were occupied and they cash flowed about $20,000 a year. We bought the 2 of The...
Timothy Asp
Violating the Due-On-Sale Clause: Risky or Worth It?
This is something I've been thinking about quite a lot now that we're in a high(er) interest rate environment, and I'm interested in hearing from the BP community on what they think. Disclosure: Not a mortgage broker...
Jordan Mandel
Easement - Reason not to purchase?
Hi BP Family -
A property I'm interested in purchasing as a short term rental has an unsolved easement on it due to the neighbor having built their driveway 2 feet over their property line - into the one I'm consider...
Jeff V.
Purchase with Bond for Deed with a Lease Option Exit
Hello Everyone...I would like to get some insight/advice on my strategy.I've been doing some digging into lease option strategies lately. Recently Read Wendy Patton's book on Lease Option and Sub 2... Most of her ma...
Michael Frost
California-Developer School Fees under Sb13 / Land Use 65852.2
I am currently battling with the local school district here in Orange County. Capistrano Unified School District. Their interpretation of the new ADU laws don't match up with the intent of the legislation. They are...
Wendy S.
5.25% Interest rate on investment property
Hi all.Is 5.25% on a 30 yr conventional loan with 15% down and excellent credit, about where the market is right now on less than a $250,000 property or should I be shopping lenders, considering I'm using a broker.
Lloyd Segal
Economic Update (Monday, September 14, 2020)
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...
Bob Romano
Tenant always late, what to do?
My tenant has been in since Nov 2018. Out of the 4 months, he has been 15 days late for 3 months. My lease states rent is due on the 1st. It is late as of the 5th and there is a $50 late fee as of the 5th. He consiste...