In November, Proposition 19 passed in California. This Proposition changes the way Prop 13 works, the monumental proposition from 1978 which fixed property taxes in California to 1% of the purchase price plus inflatio...
Alright guys & gals, so it's not like its the first house I've seen but I need help analyzing if this might be a good buy. I don't really understand how to tell what the true value of the home is. I've looked and ...
After reading the book of the millionaire real estate investor by Gary Keller, where it says to track your net worth frequently, I started few months ago to track my net worth and see it how it performs during time. I...
Hey everyone.Just wanted to gauge sentiment here. If you are planning on buying property on the next dip, what percentage decrease (I.E. 10%, 20% decrease from price highs) would you target for adding to more properti...
Hello BP! I am located in Southern California. In order to take advantage of the current market, I am deciding whether to sell my SFH Southern California property I bought in 2014 and do a 1031. As you know, the Cali...
Hey guys, I'm currently looking for my first property, most likely a SFH in the NW minneapolis suburbs. I plan on house-hacking it, renting it to some buddies from college. My question to all of you is: what are y...
What do you use in your contracts as out clauses?
Have you ever had to use them, and if so did it get messy, or go easy?
Also, I hear about those who use an inspection clause as an out? Couldn't your end buyer use t...
Hello Everyone at BP.
I have been reading, researching real estate investments and strategies for many years. For the past few months, I've been hooked on BP. The thing I like the most on this forum is people help...
A few active threads popped up on BP with the consensus being something like “hahahah Zillow lost a lot of money trying to flip houses…How dumb are they, lets all point and laugh’. Or lets make memes about them, becau...
We'll be closing on our first STR in Hawaii early in May. I'm wanting to get my ducks in a row so that as soon as the keys are mine, I'm getting the prep started and opening up for business. My question is, when do ...