Brett Lee
Basic screening questions you ask tenants
We have had rentals for close to 15 years. However, our rentals we have managed are pretty modest and we have been able to find good tenants via friends/family as there is a demand for inexpensive rentals. We recent...
Joel Fechik
CPA/RE tax expert out of state owner question.
I have a client looking to sell a multifamily property in CA. She is an out of state owner and resident of PA. When she sells she'll have to pay federal and CA taxes on the sale, but will she also have to pay PA taxes...
George C.
Reno estimate for 2br apt in North Jersey 30k?
Hi all, I am analyzing a deal for a 2BR 1Ba apt in North NJ and plan to renovate kitchen, bathroom and some flooring, maybe open a small wall connecting kitchen to living space, plan to save cabinets in the kitchen wi...
Abigail Seth Thomas
Buying all cash or use a loan
I just inherited some money and have always wanted to get into real estate investing. I have enough to buy my first property right out but I'm not sure if It would be smarter to use some type of loan. Any advice would...
Jason Williams
HML 5/1 ARM first rental purchase
Hello, so I have been reading a bunch of post on BP and have been doing a lot of study’s in obtaining my first rental property. And I finally had the guts to ask online so I hope it gets answered. I would like to purc...
Addam Driver
On the Deed, Refinance, Take over... Attorney needed.
Hi BP,Scenario: I am taking over my Dads commercial property. He has the mortgage and wants to add me to the deed. At some point, I want to take over 100%. Questions:1. When I'm added on the deed, do I have to "fi...
Eric Kajka
Local Firefighter and Army Vet eager to learn
Good morning everyone, My name is Eric, I am a local firefighter and was previously stationed at JBLM. My wife and I recently found the world of Real Estate Investing and eager to learn and connect with everyone. We r...
Josue Rodriguez
What should I look for in a House Hack?
Hey guys, my brother and I are looking for our first investment property. We are interested in house-hacking a SGL family home somewhere in California. The overall Q we had was what make a home a good house hack? Numb...
Samuel Gostnell
Lots in Mount Washington neighborhood, Los Angeles
When searching for inexpensive property in Los Angeles, (laughable, I know), I came across a neighborhood called Mount Washington. It has a great school district, low crime rate, close proximity to down town and other...
My Nguyen
Will this rental property has potential for cash flow with DSCR loan?
Hello fellow investors,I'm a newbie. Please help me analyze the deal below to see if this rental property will cash flow at least $200/month? I run a general numbers but looks like it might not be positive cash flow.P...