Christopher Smith
California Bill AB 828 - Very Important
(Received the following notice from my Property Manager yesterday regarding new California proposed rent legislation):In an effort to keep you informed of all of the laws that seem to change daily, we wanted to give y...
Mike H.
How do I renegotiate an offer? Or can I?
Here's one I've never come across before. I have an accepted offer on a house (one of only my second non-hud deals) and I need some help. Its bank owned and I had a 5 day inspection period.
Didn't like a couple of t...
David Ivy
Austin Market Report - February 2024
According to the February 2024 market report from the Austin Board of REALTORS®, the median home price in the City of Austin fell modestly by 2.8% to $543,200 over the past 12 months. However, the greater metro area f...
Rob Strickland
New Construction Budget for 3 Unit Multifamily in Cleveland OH
I bought an existing 3 unit property in Cleveland OH along with the empty lot adjacent to it which I'm looking to build another 3 unit, 1000 sf per unit multifamily on. The properties are located in the neighborhood ...
Mandy Ellett
Help a newbie analyze a potential property?
Hello to all out there in the BP community! I'm a very new investor and am wondering if I could get some help analyzing a potential property - I've been using an excel spreadsheet I found here on BP, but being new, I'...
Stephen Lynch
Recasting loan scenario
Hello all,
I purchased my primary residence in 2015 which I later converted to a vacation rental (weekly in summer, monthly in the offseason). It cash flows approximately $5,000 per year or $416 a month. The mortgage...
Jeff G.
First Wholesale Deal, How Do I Negotiate Back Property Tax?
I just recently got my first wholesale deal under contract. It's a duplex. The margins are thin, but it's nonetheless a workable wholesale deal. I'd like to carve out at least a little more profit from the deal by neg...
Varouj Asdourian
Investing in rental property in Fresno, CA
Hello. I am considering investing in a 4 plex or some other type of rental property in the Fresno area. Just wanted to ask if anyone has any experience in the market and if they believe to be a viable place to inves...
Colleen F.
Request to lower the rent.
Just had to share - the request went something like this --we have kept our dog in the yard and paid our rent on time, we want to stay another year or two then buy a house so we want to go month to month, and can yo...
Graham Nash
Lease with the option to purchae
I'm about to place a new tenant in a property that I would like to sell within the next year. I'm sending him the lease in the next week. I would like to offer an option to purchase, but I've never done this. -Do I pu...