Juan Escarcega
HELP! New investor bought a lemon in SoCal - seeking guidance
Hey BP!I am currently FHA house hacking a property that I purchased about a year ago just south of USC which, unbeknownst to me, had illegal construction, which caused a host of problems, in addition to other issues. ...
Alex Silang
Do you tell your coworkers about your real estate properties?
Just wanted to see what people do. I've owned RE for about 3-4 years and I haven't told a single coworker about it. I'm a private person in general. Still though sometimes I consider it. I think it's interesting conve...
Jon Mbu
Is it typical for a Contractor to request 20% or more upfront?
Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
Brandon Handel
Is it stupid to have my name in my LLC?
My original idea was to have my Last name in the business name for the entity that would be managing my properties. The properties themselves would be in separate LLCs. My question is if this is a stupid idea. Others ...
Trey Knight
Calling all multifamily investors
I’m struggling with time management right now. I’m trying to balance my W2 job, exercise, family, investing activities and education. It seems like I could use a 48hr day instead of 24. I’d love to hear what experienc...
Sam White
Texas Property Tax Blood Bath
Blood bath is dramatic, but hoping to get some conversation going on this. lol. Homeowners across the state of Texas are getting jaw-dropping tax notices in the mail this month. Huge reassessments of value on their p...
Account Closed
Why Most Single Family Property Managers Suck and What We Can Do About It
Why Most Single Family Property Managers Suck and What We Can Do About ItAccording to the 2014 U.S. Census, 43 million Americans are renters (35%). A large portion of these renters rent detached single family homes. ...
Account Closed
What is the cap rate in your city?
For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...
Wendy Stclair
Baltimore - a path to never-ending pain
Anyone considering investing in this town i just wanted to give my 1 year of experience and advice. Bottom line, don't do what i did. 1) Don't buy through a turnkey provider -they promise they are doing amazing renova...
David Charles Edwards
Selling rental properties and moving into Fixed income for early retirement
I'll be 55 this and our last one graduates high school and will go off to college this year. My wife and I a debt free and own 15 rental properties worth around 1.5 million (net after sale taxes). We also have healt...