Kenneth Bradford
Market Value vs Assessed Improvement Value (taxable)
I went on the city government site and looked up a property with a market value at 91k, And the assessed improvement value (taxable) is at 81,800. This property has fire damage but the structure is sound. Is the asse...
Cole Rollen
Newbie First deal 45k in equity and 38% Cash on Cash Return!
Bought my first investment property, closed and had it rented within a month!
I found this deal "Driving for Dollars". I was just driving around trying to learn more about real estate look at homes for sale and ge...
Carrin Johnson
Bill Summary: AB 1771 The California Housing Speculation Act: Impact on Fix and Flip
Assembly Bill 1771, also known as the California Housing Speculation Act, aims to change real estate tax policy to discourage investors from quickly reselling properties like single-family homes.
Under the proposed...
Carolina E.
House Bill 2430-Lift Ban on rent control
Hello BP, I guess this would be the proper place to post this. I was hoping maybe there would be a more specific spot we could put only Bills/Laws etc...that would be effecting our states. I received the following:...
Jonathan Conaghan
AirBNB is asking Congress to step in and provide relief for STRs
The following link from Business Insider discusses proposed relief that AirBNB has asked Congress to implement in light of policy changes they have made impacting property owners revenue. https://www.businessinsider.c...
James G.
Fake Government Agency Leasing My Apartment?
Hi BP. There is this lady who claims that she is with a government agency (we'll call it #1). She claims that she gets in contact with other government agencies (#2) and that #2 inspects the units, and then disperses ...
Robert P.
Personal Ownership ---> LLC
I am looking to purchase a 3 unit property and live in it and rent out the other floors. If I end up moving out and just use it as a investment property, am I able to file for LLC? Can I file for it while I am living ...
Jon Holdman
Great Consumer Crash of 2009
Here's a some lengthy, but very interesting and well researched paper on the economy in general. Focused on consumers overall, but a lot of material about housing. If the author is right, we've not seen anything yet...
Ben S.
Preparing for and profiting from a crash
I have a few predictions about the economy, and am looking for the strategies of those who have a similar views. I'm not looking to discuss differing views, just if you agree with this view.First, I believe the econom...
Owen Schwaegerle
Prop 19 and Property Taxes in California for Inherited Property
In November, Proposition 19 passed in California. This Proposition changes the way Prop 13 works, the monumental proposition from 1978 which fixed property taxes in California to 1% of the purchase price plus inflatio...