I made a 2nd lien here in Los Angeles, CA in May 2008, Owner Occupied. The borrowers had sufficient income to qualify and lots of equity. One source of income was from a rental duplex, which they cashed out on 3 wee...
Whether I am investing in flip deals or rent properties through BRRRR or any other strategy, forced equity seems to be a strong tool to build wealth and help drive success for us. One of the tons of the topics I have ...
A tenant called and stated the basement looks like there has been an explosion down there. He said he went down into the basement and turned off the water after seeing hot water had been coming out of the overflow va...
We have a tenant occupied property in Detroit that is coming up on the end of the lease with the current tenant. The elderly tenant has been struggling health wise the last year and has been struggling to make her ren...
Hello everyone and hope you're doing well. I would like some insight to my present situation, i know we are not lawyers but i would like to listen to different opinions with the hope of gaining some knowledge.
I hav...
Hi there, newbie investor here based in Louisiana. We have a tenant who’s behind rent for three months now. She said she applied for Rental assistance program last October but until now they are still reviewing her ap...
Greetings. I was sad to get a call from the City today letting me know my water consumption has doubled for this billing period. I just replaced 6 new water lines and meters in my building down the street and was hopi...
Bought a duplex last year in what we thought was an up and coming area. Assessed at purchase price. After tenants moved out, we are now struggling with vacancy for almost 6 months. Renovating but not getting the right...
I have a rental in California, I live in Oregon. I found out that the renters are using the property for a pot farm illegally. I was informed that I will fined $1000.00 a day if discovered (the renters nothing). I ...
Hi! I'm James. This is my first post on BP!! I'm in grad school In Seattle and working full time to pay my way through. I'm brand new to real estate investing. Just finished Rich Dad Poor Dad and totally changed m...