Karen Margrave
2 Questions. Why STR? and Did you buy as STR or convert?
1. Did you buy your property as an established STR property?2. If not, how did you decide that renting as a STR would be more profitable than a LTR?
Robert Hamilton
LLC for Wholesale Double Close
I am fairly new to wholesaling. I would like to use an LLC as the purchaser, then assign my interest to the end buyer at the closing. My question is would I set up the LLC first having it on standby?
Thomas Lorini
BP Newbie - Looking for Advice/Input on a Recent Purchase!
Greetings BP colleagues!Being a new BP member I thought I would seek some INPUT/ADVICE from other members on a recent purchase I did....wish I was a member sooner to ask before I closed.So I just closed on property (6...
Stephen Torti
Income Approach vs Comps Approach Appraisal
Hi All, got the Clear to Close on my first multi! So, question about the appraisal, I bought the property for $170k and the comp appraisal came back at $174k but the income approach came to $184k and that's before I ...
Simon Stahl
ADU/Granny unit utilities metering
I am thinking about converting my garage to a studio to rent it out. The one thing I am wondering about is how I can sub-meter PG&E and the water. I can pay for the tenants utilities as long as I am still living i...
Carol Venolia
What can I legally fine tenants for?
I know, that Subject question sounds kind of nasty, but I'm really a pretty nice landlord. However, I have some ongoing issues with some tenants, and I'm wondering if I can add a fine to their lease. (I'm in Californi...
Andrew W.
New Construction Owner Builder - Construction Loan
I recently purchased a property that I am planning to build a new home on. I paid cash for the lot and am looking to finance the build through a construction loan. I would like to be the GC. I have extensive experie...
Michael Frost
California-Developer School Fees under Sb13 / Land Use 65852.2
I am currently battling with the local school district here in Orange County. Capistrano Unified School District. Their interpretation of the new ADU laws don't match up with the intent of the legislation. They are...
Jaime Mack
So... it is going to be over? Will 1031 drop to $500k max? Yuk!
What is the general consensus here? Will we lose 1031 at the higher level? (over $500k)...https://therealdeal.com/2021/0...Realtors, etc. have some pretty fancy lobbyists... but I just don't know. The power of the t...
Jeff Wells
CONTRACTOR PUT A B.S. LIEN ON OUR PROPERTY, NEED ADVICE.
Ok, here's the story. We are rehabbing out of state. This has proven to be extremely difficult and stressful. We hired a contractor to do a job for $1300. He did the job, we paid him, but there was much more that n...