Greg Moskalenko
Anyone experienced out there who knows this answer?
Hey guys,I know one of you out there will have a good idea here...So my father owns a property in California (Los Angeles) that currently has a market value of ~$820K. He bought it back in 2006 for about $500K. Since ...
Ryan Planchon
Additional Property Managment Costs?
Where do you factor in additional costs for property management? Such as for a new lease or renewal? I saw that some property management companies charge 1 months rent or 1/2 months rent for those services? Is that...
Account Closed
Refinancing from FHA to Conventional with 20% equity?
Hello! I originally purchased a 3 family home in 2018 using an FHA loan (4% interest rate). Thanks to the current market climate, I have about 21% equity in my house now (assuming the "Zestimate" on Zillow is correct)...
Lara Nicole
SB 5160 Eviction Ban Bill
SB 5160 Eviction Ban Bill -- mandates that housing providers renew any rental agreement or month-to-month tenancy for 2 years after the end of the emergency period ends, unless the property owner sells the unit, or mo...
Victor Taflinger
1 year lease recommendation
Is a one year lease recommend? What are the pros, cons and need to knows?
Ryan Rippinger
Would you sign this lease
I have a garage I currently rent out and received a lease from the new owners with some lines I think are questionable. I'm located in IL. Rent is $200/ month + $20/ month in utilities. Each and every month during the...
Michael Smith
How to handle security deposits
Hey BP,
I'm about to close on my first investment property in the next week or two, and after doing some renovations I plan on renting it out. I know that in the state of Florida landlords are required to put securit...
David VanSteenkiste
Lease Option or Wrap
I have a house I intended to flip but had some setbacks forcing me to hold. I'm trying to decide to do lease option or Seller finance in a wrap:
Her's the situation:
Current Value: 175k
Invested: 135k (excluding accru...
Tomasz Banas
Notifying tenant about security deposit location
Good evening BPers. I recently joined BP and this is my first post.I just became a landlord on my first buy & hold. I know that in the state of NJ (and some other states) tenant has to be notified by landlord in 3...
Nuo Shi
Land & Improvement Ratio for depreciation
Hi everyone,I just received the supplemental assessment from Santa Clara county, CA, of my purchase last year. To my surprise, the reappraised value of building decreases by 50% and land value jumps by almost 50% com...