Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
Hello BP! We are managing our first rental property and have come across a concern with pets at the property. We approved 1 dog (specifically identified on the lease) for the tenants. We recently learned that they too...
Purchased a property in my name with a 30 yr fixed mortgage (big corporate bank). Have sense formed an LLC. Planning to transfer into the LLC. Would love to know if anyone has done this and the bank called to load due...
I created a 2 page PSA to be used when wholesaling deals, but my attorney was concerned there was so much missing from it that's in the standard form. But really, does it even matter if a lot of the specifics are miss...
I just finished Money: Master the Game by Tony Robbins. Great book! One part that really hit me in the book was the long-term opportunity cost of "little" splurges like regularly hitting Starbucks or eating out. Relat...
I don't care if you love or hate the current tenant at 1600 Pennsylvania Ave. This post isn't intended to be political.I am curious to get the opinions of other BPers on what the investing road ahead/climate looks li...
All of our rental agreements are month to month. To incentivize people to stay longer, we charge a move in fee that can be added forwards the refundable deposit if they stay over a year. Example: rent is $1000, move i...
Hello BP community !This is my first post so apologies if I am asking questions that have been asked or posting in the wrong spot :/I am 31 years old and looking to get in the market. I have some money saved up and wo...
Just thought I’d share some of my experiences with you all in the San Francisco market. The big, HUGE take-away that I’m getting from my experience over the last year and a half is that there is absolutely no money in...
I had a property under contract and the closing documents were sent to the seller and she seems to be refusing to sign and return. She is ignoring phone calls and clearly avoiding me.I'm certain that she's changed her...