Sam M.
Pomona Calif Rent "Stabilization" | Mayor & City Council meeting | Aug 7, 2024
Pomona recently implemented emergency rent control. The Annual Allowable Rent Increase effective August 1, 2024 - July 31, 2025 is based on the lesser of 4% or the change in the Consumer Price Index (CPI) for the Los ...
David Battle
Short Sale As An Exit Strategy
Hi Guys,Does anyone have any experience with buying a short sale property? I'd like to help out a seller who has several properties that would be short sales. Would it be best to refer her to a Realtor or could I make...
Ashley Baldock
Non qualifying applicants
I just rented out my first rental! I kept the application paper short and didn’t state qualifications on it. I did give verbal qualifications that were: gross income of 3x the rent and a credit score of 580. On the ap...
Alexander Goodson
Potential tenant cliaming their 2 dogs are emotional support dogs
First time landlord and I've got this couple applying that are telling me their 2 dogs are emotional support animals and that they don't need to tell me about them and don't need to pay a pet fee. I found an article s...
James Kirby
Is it okay to be open and honest about Felons
To me, this is not a discrimination issue it is a protecting my neighbors and other tenants thing. Can you be straight up honest with your tenants and others in saying if you or others have Felony convictions that inc...
Stephen Heebner
notes vs. note funds
Was hoping to collect some wisdom from the BP community if I can explain myself clearly. Wondering if there is really any benefit to owning individual mortgage notes vs. investing in a mortgage note fund. From my simp...
Oren K.
EM and Reps & Warranties: Do they survive?
So I just had a deal fall apart over Ernest Money (EM) and Reps and Warranties (R&W).
As a Canadian looking to invest for the first time in the US, I can't help but wonder if the standard practices are that diffe...
Joe Cassandra
Trump vs. the Affordable Housing Rules (what does it mean)
None of this post should be focused on "POLITICS" or "who is right and who is wrong."
Below is only to discuss what it means for real estate investors. Trump just struck down a rule from the end of the Obama years -...
Brad Fausett
Need your advice: War broke out on first day...
I recently purchased a duplex and kept 1 tenant who is section 8 and rehabbed the other side as part of the brrrr strategy. I was able to immediately find renters and signed them to a 1 year lease. The tenant who st...
Nick Shri
Dabbling to purchase from Wholesalers - exp investors chime-in
Hi BPersI am venturing to buy from wholesalers.My goal is to BRRRR.My question -How do I perform due diligence - what are the catches, pitfalls I need to keep an eye on?How do you negotiate with a wholesaler?I am seei...