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...
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...
We are in contract for a single family investment property (vacation rental). This is our 4th VR investment property, will be our 3rd mortgage. We have been pre-approved by one bank (which is no guarantee of a loan we...
I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
My secret mentor hit me with an honest curveball!SDIRA Consultants, SDIRA Holders, Real-Estate Tax CPA’s, Attorneys, Chime in:First - my secret mentor is my attorney which sounds odd seeing that we have two differen...
How can an investor leverage his/her time in creating a high cash flow passive Investment that can potentailly yield 30% + returns ?
. After investing in several real estate courses, seminars & books (air...
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...
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...
I have been lurking here for several years. I have been wanting to create an additional revenue stream for my wife and I. I believe it would get us a step closer to financial freedom. I would love to be able to tra...