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I'll keep this short. I bought a property from them for $85,000. After I bought it the property appraised for LESS THAN HALF that amount. On top of that they promised a "fully renovated property" - then a few years la...
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I have looked at 50-100 deals in my area of West Los Angeles. It is difficult to find properties that are cash flow positive after expenses and debt service. Basically, the deals do not look very attractive. I am curi...
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Hi everyone! Me and my fiance had to move to another state, and decided not to sell our townhouse, but instead try to rent it out. We hired a management company, to help us with this, since we have no experience and w...
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For those of you who have fully replaced old windows & installed new ones in your personal or rental properties I’m curious what percentage it reduced your utility bills.I have an apartment unit that has 15 large ...
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Adding an ADU to a property has become super easy in CA, yet it seems that the adoption rate of adding units isn't quite where it could be.
This is most surprising amongst investment property owners. Why is that? The...
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How many people do you know that just make you shake your head at their financial predicament? I mean, hey, I came late in life to financial sanity and the decision to invest and retire early, and made lots of stupi...
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Hi Everyone, I would like to increase rent but have a tenant that is telling my property manager that they are on fixed income and cannot afford higher rent. The unit is rented under market value and I am only asking...
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Howdy! This might not be the proper location for my question but the people I look up to most tread this section. I recently read in Malcolm Gladwell's book "The Tipping Point" (pg72) that "what separates a great sal...
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Hello BP,Just closed on a two year flip of a multifamily deal in Riverside CA. I don't usually like to publicize my deals but BP has been a nice resource and I thought I would contribute with my experience and answer...
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BL: Purchased HUD property Dec 2013 for $32k, rehab costs and expenses were$34k. thats 66k cash of my own money in the deal. The good thing is that I dont have any holding costs other than utilities and property taxes...