Hi BP community!We have a SFH currently up for rent. We have two twenty-something, young professional, male roommates who are very interested in renting our property. If they meet all of our financial criteria, have a...
I purchased a rental (duplex, each unit is $1k/month). The tenants in both units want to reseed the backyard. One has suggested putting decomposed granite for half the lawn, and then grass for the 2nd half. This is...
Bottom Line Up Front: I would like to avoid capital gains tax and utilise the profit on my potential sale to reinvest in a property that I could cash flow on even with the concern in the market. Hi everyone. I need so...
Where to begin with this one....
Under contract on a property with a Section 8 tenant (schizophrenic) who has apparently had gas disconnected for 13 years, and water shut off for 3 years. I cannot get a clear answer ...
Calling all CA legal eagles. Is anyone aware of equity skimming laws in California separate from CCP 890-894? That Civil Code deals specifically with rent skimming. I'm also familiar with Civil Code 1695 that d...
I found a duplex for sale in my old hometown, stats are 4/2 and 3/2. Current owner renovated each side and it appears ready to go. Currently both units are unoccupied and he is asking 195k. Conservative estimates a...
I have renters who moved in 4 months ago. (They live in my basement apartment) they have broken many things in my contract and have now said they plan on leaving in a month. Our contract is a year long. They said if I...
Hi all,I wanted to approach the hive on people's beginner advice on house hacking. I am considering getting my first home and would like it to be 2-4units. My big concern is that I may end up leaving in a year or two ...
I'm currently in the process of purchasing a 16 unit property (8 duplexes) for $455,000. It will eventually be excellent cash flow BUT I have some major concerns that I'd like to get opinions on from others with simil...
Hey everyone,
I thought of this hypothetical scenario where I would do a seller-financed deal on a property valued at $250,000. I plan to put down $100,000, leaving a seller-held mortgage of $150,000 at an 8% interes...