Happy New Year! I need help with something I'm about to do present to my current tenant. I have done my research and have learned that the tenant has unauthorized people living in the property. I plan to meet with ...
So I purchased a deal off market on a 20-unit multi-family property.
Rents were $500-$600/unit whereas I rent them out Mid-Term for around $2,000/unit (market long term $900)
I only had the funds to close + turn/fur...
My parents are retired and own 2 properties in culver city CA, in west los angeles area. One is a single family appraised at 1.3 million the other a duplex that was valued at around 1.1 million. They put a 1st mortga...
Howdy! This isn't "My" deal, but I get to be directly involved, and part of the process. I am working part time with an HVAC contractor who has started remodeling 100 year old houses as a "hobby". It doesn't make h...
I have a question about how to handle depreciation of an owner-occupied residence where we rent out rooms. We placed one room in service in 2014 (25% of home) and filed the 4562 form for 25% depreciation of the buildi...
hello,I have a few rentals. One that rents for 900 per month leased to two 50 something adults. They are bigger folks. They appear to have moved in two of there 16 year old grand kids who are also large people. The...
Hello,
I'll be inheriting my father's home in Long Beach. There is a large addition that was started in the 90's but never finished. The permit is long expired and I don't have a list of what had been inspected. I ha...
Hello!Other than cap rate and cash flow, what other metrics/calculations do investors use to determine whether or not a property would make a good rental? Specifically single family, assuming the property fits their b...
Hello BP,General question - If you property has addition to property and has not been registered, how much of a head ache will it be to register and how much could it cost me? or do you walk away?ThanksForest
I’m seeking guidance on my first purchase. It’s a SFH. Will be bought as is with limited contingencies. Owner is in no position financially to make any repairs, therefore price will be very low. Only contingency I can...