Kae M.
House hacking vs out of market
2021 Goal is to grow to 10 doors from 1, investing for cash flow.I currently own 1 rental in San Diego that breaks-even because I stuck my retired parents in it, it’s 60%LTV with $320k mortgage, worth $545k.I rent in ...
Shari Posey
What if seller won't leave after close of escrow? (CA)
Would one have to evict a seller who won't leave on the day it closes escrow (as the contract states) or is there a simpler legal method? This is question pertains to sellers in a short sale transaction who have no mo...
Brendon Kerrigan
Feedback on RentRedi
Hi BP Community,I am about to place my first tenant and I used the $1 trial with RentRedi, so I went through their application process, which was relatively easy, streamlined, and I did like it. However, now that I a...
Lori N.
Landlord right to enter
I have a townhouse I am renting. I gave my tenant almost a week’s notice to have someone come in and check the HVAC for maintainence for the upcoming winter season. This tenant is very hard to accommodate because of...
Lindsay Henning
Renting from out of state parents - illegal lease provisions?
I live in San Diego. I'm 32 years old. My parents finally after 10 years of me suggesting, bought a house so I could rent directly from them. It's a four bedroom. They want $2400 in rent so obviously I wanted to have ...
Liz C.
Applicant with Marijuana conviction from 7 years ago.
Hi all ,
Would you take someone from Marijuana conviction from 7 years ago as tenant ?
When they say Marijuana conviction means he smoke marijuana or could mean he was selling it?
Is easy to get rid of marijuana sm...
Randall Kates
Do You Raise Rents Every Year? Why Or Why Not
I am thinking about raising rent on a year old rehab that I have a tenant paying $1200 monthly for! I am thinking of charging $1225. He is a Foreign Exchange student who is in his Sophmore year so I am thinking of upp...
Michael Cooprider
LLC for Properties and S Corp for Property Management
Ok, I have 3 properties under my LLC, Wiregrass Property Investors, LLC (WPI). My wife and I are owners. We make $40,800 a year in rents, before taxes. I also have an umbrella policy to cover my personal assets.
I h...
Lloyd Segal
Economic Update (Monday, September 14, 2020)
Economic Update
(Monday, September 14, 2020)
A majority of Los Angeles households face serious financial problems due to the COVID-19 pandemic, with Latinos and Black residents bearing the brunt of the economic pa...
Alex K.
Los Angeles too expensive to invest for newbie ?
I live in Los Angeles and I am trying to find my first deal to buy and hold . Should I look for deals in Los Angeles or out of state ?