Hey BP! I was wondering if anyone had any advice on where I should be looking in order to get into some buy and holds in the Southern California area with a $75K - $150K price range. I currently live in Orange County ...
We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon. But he kept saying "land contract," and I didn't ask what he meant (face palm!!). When we got b...
Hi; I'm a new investor who had the privilege of pitching my plan to a panel of experienced members at my local REIA club. They told me lease option deals weren't popular in California because you run into problems wit...
Generally investing in apartment in bigger city has a low cap rates and higher asking price.
Despite the low cap rate <4.5% ,is it advisable to invest in such apartments for long term investment?
Some investors sti...
Hi BP friends! I've got a tenant that is asking/demanding that I test for asbestos in my SFH rental. This home was built in 1951, I bought in 2012; no basement - it's on concrete slab. It was a fix and flip when I ...
Every person will be different, but how many properties have you found to be manageable to manage by yourself? At what point did it become too much along with your full-time job?I'm planning to buy 10 rentals over th...
This is a silly question possibly. I have heard people in forums says regarding cap rates to pay attention to the overall trend. Just because you bought at a 7 cap today you need to follow the historical trends of the...
I have been reading and listening to local news here in San Diego. I am still a rookie looking to invest in my first deal this year. But while I was researching I found that 55 % of voters support the implementation o...
Hey Everybody, after finding a potential fix and flip, I noticed mold and asbestos. That got me thinking about lead based paint. This is a house build in 1930 in Garden City, MI. What are the chances this house is cov...
So hurricane Harvey was very devastating to all the houses in Houston but luckily my rental property did not suffer any damages whatsoever but I did end up loosing my truck that was paid off for so now I have to take ...