Michael Hyun
Scaling a Bay Area Portfolio
Hello everyone!I’ve been trying to figure this out lately, but I recently purchased a negatively cash flowing property. Yes, I know - you should never buy a negatively cash flowing property, but I truly believe in the...
Lineker Tomazeli
Quebec forum activity
Hi guys,It looks like quebec forum is very inactive. Is anyone out there doing deals in quebec these days? how is the cashflow working for you? I want start doing "buy and hold" in the greater montreal area. What are ...
Michelle Mapp
How do people make the numbers work in Southern CA?
We recently moved to Southern CA. I wanted to get an FHA loan, put 5% down and purchase a multi-family in Pasadena, CA. I broke out my spreadsheets and WOW - I can't seem to make any scenario actually work, even to b...
Daniel Kahler
To hold and rent or sell in this market?
Currently live in San Diego county, bought a house with my VA home loan. My wife and I will be moving next year out of country for 3 years. Our initial plan was to rent the property but now I am not sure that's the be...
Account Closed
Investing in Newark, NJ
hey guys, I am new to investing in real estate. I live in Hoboken/JC and thought I would scope out Newark as a starting point. I am interested in finding 3 to 4 unit multi family properties that I can hold for cash fl...
James Wilcox
Does the term "SLUM LORD" bother you?
I was just wondering if anyone on BP or have heard of any investor being called a "slum lord"? Would anyone else take offense to being called a "slum lord". It puts a bad taste in my mouth personally. Below is the sto...
Michael Bier
Finding renters in November
Hello Everyone, My name is Mike and i have been reader on the site off and on for about a year. i am inthe process of finishing a rehab on a property that I will be renting out. It is my first rental property and was ...
Manny K.
Shall I enforce HOA and Pet violation fines mentioned in lease?
Rented out a condo 3 months ago. Tenant turns out to be a chronic liar/rule breaker. Second month's rent was late (eventually paid with late fee only AFTER I served a notice). A pet dog was found while I was there to ...
Derek T.
Need Help on Budget
Guys I am in need of some help with my SOW and budget for a property I am purchasing. The property is an older property (built in 1920) and I am picking up the property for $45k with an ARV at $180k. The problem is ...
Steve Smithy
Ultra-Cheap rented in Detroit?
I see a bunch of incredibly cheap properties (under $10k for SFH) in Detroit. They are currently rented for about $600/mo and appear fairly close to downtown. I know that people were fleeing the city before, but wit...