Steven Hong
ADU/JADU - CA2020 YAY or NAY?
Hello BP! First post yayy :) With the new SB bills that recently passed in California. Seems like a good play on ADU/+JADU? A lot of upside from what I’ve gathered. What are my investors in CA thoughts about this? I a...
Jeff Bonner
In-law suites
So I bought and owner occupied a single family rancher with a finished in-law apartment in the basement. When I bought it, it was with the intention of my dad living with us until he needed to go to a home; but I also...
Isaac Hayes
Conveying Security System
I just closed on a property, and the seller let me know that a security system exists at the property. It sounds like the cost of this was billed to the seller, and the tenants were reimbursing the seller each month. ...
Lynn McGeein
Anyone else noticing large rise in real estate taxes & insurance costs?
Just checking my yearly expenses as they are higher than I estimated. Turns out real estate taxes for one property are 16%!!! higher than just last year, several others up over 7% from last year, largest yearly incre...
Arezou Ed
Where is the best STR area in 1h-2h distance from Austin
any recommendation about the best area to buy a STR property within 1-2h drive from Austin? my requirement for investment is to make enough money to pay the mortgage. My price range is around $550k, and put $20% down....
Frank C.
Denied umbrella policy with short term rental
We are closing on our first rental house in a couple of weeks. We are considering doing a short term rental (Airbnb, VRBO) for the first year until our daughter moves into the house for college accommodations. She w...
Hector Salas
Mortgage Insurance on FHA loan?
Hello BP community. My wife and I, are in search for our first multifamily investment property. We will be using the house hacking strategy. We have ran the numbers on many, and have came across a few that might work....
Melody R.
3.5% Down on Owner-Occupied Duplex or Triplex? Is that Realistic?
Hi! I am looking to buy a 2-3 unit multifamily in Southern California. Is it realistic to plan to put 3.5% down with an FHA loan? I'm aware of 0% down programs like NACA, but I do not qualify since I already own. I wo...
Chris Dudine
Question regarding recycling FHA loans
Hi everyone, question regarding FHA loans. I've heard on several podcasts recently about refinancing an FHA loan into a conventional mortgage, to free up your FHA loan for reuse. How many times can this be done? Ca...
Loic Assobmo
Owning more than 10 properties
Since Fannie Mae and Freddy mac prevent individuals from having more than 10 mortgages - how do investors by pass this to build larger portfolios?