Hi BP,I'm in the process of purchasing a duplex in LA. The owner passed and left the house to her 95 year old sister, who is selling it. The front unit is empty, but the back unit has been occupied by a couple and t...
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I am just getting my feet wet in real estate and I am curious to know what is everyone thinking regarding purchasing multi family investment properties now during a pandemic? I’ve been reading and watching videos and ...
I know this has been asked in the past. I've read through those posts and am looking to update the discussion based on current market conditions and get some advice based on our specific circumstances listed below.
W...
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At least once a week, I got a message on here from an investor looking to buy a condo or townhome to use as a short term rental for AirBnb in the Phoenix Metro Area or Flagstaff.Having discussed the pros and cons with...
This is for a SFH rental. We listed for $1900 and have many parties (6-7) trying to get it, with 2-3 very strongly trying to lock it down.How do we propose a higher rent when we have multiple parties trying to "lock i...
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Hello BP! My wife and I are contemplating our first investment property, a triplex in FL. It's fully rented, projected conservatively calculated returns are 10% cash on cash, 1.3% price-to-rent, 7% cap rate. Appraisal...
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Here's a chart that I saw today from a reliable source. It shows the total debt of households, businesses and the government. There are two things that are quite clear from the chart:
1. Total debt has increased e...
Im tired of reading about all my local CA investors wanting to run out of state for so called "great cash flowing properties". I have purchased (along with some of my investors) over 2 dozen SFR and MFR positive cash...
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It seems in this day and age, I constantly find myself looking to men of the past for guidance and advice: Warren Buffet, Abraham Lincoln, Dale Carnegie, Earl Nightingale, Thomas Jefferson, just to name a few. I do no...
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Anybody here have any success stories retrieving money owed from previous tenants? One of my ex tenants left the house a mess, owes me a couple months of rent and a fee for breaking the lease early. We set up a repa...