Belinda Lopez
Environmental Impact Study on Dry Cleaners & Washateria?
I looked at two potential wholesale deals yesterday; one an old washateria with the equipment removed, the 2nd an old washateria with a working dry cleaning business next door. I'm pretty sure an environmental impact...
Account Closed
I just wrote my own rental contract, and here's what's in it
The purpose of this post is to share some of the contents of my contract with everyone else. Over the years, I have come to realize that standard rental contracts REALLY suck. I've used two of the most popular contra...
Ben Cochran
Should I rent my rental unit to two couples?
I’m interviewing potential tenants for a 1300 sq/ft, 3/2 SF. I was approached by a married couple, their daughter, the wife’s best friend and her boyfriend and theyd lIke to rent the place together. Besides having ev...
Marshall Robins
Creating Multi-family or Splitting lots for returns in California - SB 9
If you’re active in California real estate or looking to break into the market, you’ve probably heard about Senate Bill 9 (SB 9). Signed into law in 2021, SB 9 is designed to address the housing crisis by allowing g...
Christine Ong
Structural Issues
Help! My offer was accepted! Going in I knew this particular property had structural issues. And I had inspected the property with my contractor. He had quoted me with the more expensive method of repair and we took t...
Luke Dilorenzo
Seller financing? How does it work?
Hello community, I am currently working on acquiring my first deal outside of my current bank financed home. Newbie questions1) I just finished rehab and refi on my current home and pulled 60k. What i didnt realize is...
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Anyone had any success getting non-doc rehab loan
I'm curious if anyone has had any experience working with hard money lenders that offer non-doc loans for rehabs?
I have had no verifable income since 2004 but do have have a sizeable amount of money in the bank (50k...
Erich Hatch
Estimating Rehab costs
Hello, For anyone that is not well versed in rehab estimation, how do you go about calculating rehab costs if you are not going through a realtor to find deals? Do you get an inspection and just let the potential sell...
Robert Timm
Mortgages through an LLC
Hey BP Community,I am looking to purchase a few properties in the 60-80K dollar range. After taking Brandon's 90 day challenge I kicked it into gear and set up my LLC and I'm ready to put down 20-25% on these properti...
Ray S.
How to deal with neighbor's house problems
The building next to the one I own seems to have nobody living in it. Now it has become infested with raccoons and the most massive beehive I've ever seen. This is causing a disturbance to my tennant, as swarms of bee...