Jon Klaus
Who said this? (no googling)
Never, in the history of America has there been so great an opportunity for practical dreamers as now exists. The six year economic collapse has reduced all men, substantially, to the same level. A new race is about t...
Steven Scheibe
Tax treatment for demolition of building for investment purposes
Hi,I am looking for some tax guidance on my first ground up construction. In this scenario, say I acquired the property for $1M and the city tax assessor has it documented that my land is worth 900k and the building i...
Joe Taylor
Treatment of Remodel Costs After Leased on New Acquisition
Good morning all... I purchased a residential property for a long term corporate client in November 2017. The client asked for some remodel work to be done and expects to move in on March 1 2018. It's pretty signifi...
Linzey Ledesma
New OOS multifamily Investor
Hello BP Fam!I just closed on my first small multifamily and will be house hacking (located in CA). I am now seeking to purchase a medium size multifamily property Out Of State. Im just not sure where to narrow down m...
Lenny B.
Rent control measure on Sacramento ballot
Came across this article on 2/22/18 https://www.bizjournals.com/sacramento/news/2018/0.... Does anyone know the likelihood of Sacramento getting rent control ordinances? And is it going to affect Rancho Cordova, Carm...
Ian Rowland
Current real estate market
What does everyone think about the housing market right now? Would it make more sense to wait it out before buying anything to see how the housing prices changes?
Chris Taylor
Eviction Crisis? Spare me.
Some people have been sharing news articles on the forums and I came across one today that I thought I'd share. Basically, the author is stating that landlords are using late fees and evictions as a source of income ...
Mike Andrews
Housing: The one bailout America could really use
Has anyone else read this?
Housing: The one bailout America could really use
Definitely interesting. From the article:
"On top of the 2.5 million homes that have already fallen to foreclosure since the bubble burs...
Drew Petro
Car Wash Asset - What Am I Missing
Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
Sahel T.
Criminals
Hello, new to this website, I had a question, how often do you guys rent to criminals? Do you have a policy for that, such as type of crime will deny the application?I want to give people changes because I can underst...