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Hello everyone,
My name is Daniel, and I recently left my job as a fraud analyst at a financial institution in March to pursue a real estate investment journey with my wife. In my previous role, I encountered numerou...
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BP Family,
I'm getting closer to closing on my first investment property! I have ran into an issue that I could use some help understanding.
The property I'm planning on purchasing is in my hometown, a ...
Hi all.
Joined this forum with the hopes of getting some advice on my situation. Not quite a real estate investor (at least not yet); however am facing a bit of a "tougher" real-life family situation with two prope...
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Hello, looking for guidance on my particular situation.I have a well done, fully remodelled home in Carlsbad, CA in a very desireable neighborhood. It was my primary residence before I took an overseas assignment and...
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My husband and I are selling our triplex here in Long Beach, CA. We purchased it in September 2016 and have a significant amount of equity that we will use to purchase properties with cash out of state. We lived in ...
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I have a client who may need to sell his residential non-owmer occupied property in Malibu California asap. His biggest concern in doing this is the capital gains tax he would have to pay on it. His property is worth ...
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Good morning everyone, First time poster/potential buyer. So my question is, is negative cash flow ever ok? So here is the situation. I am looking at a 3 family that brings in about $2750 monthly. I will have t...
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Hi BP, I have a property that I’ve been holding for 5 years. It’s on a 30-year mortgage with ~$130k remaining at a 5.25% interest rate. my monthly mortgage + expenses = 1,350/month and I bring in $2,800/month in renta...
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I'm expecting to close on a couple properties in the next few months and will be managing the properties myself. I'll be using an LLC and have equity partners. I'm thinking it would be smart to get a business phone nu...
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hey guys, I've been talking to a potential PM for my townhouse and he sent me his PM agreement for review.
There are a few things in the agreement I didn't like, but I'm not sure if these are common practice or true ...