Just an introduction of some new members.My wife, Aletha, and I are new to Real Estate Investing. I'd like to introduce us on here in order to find like-minded individuals to learn from and network with throughout our...
A few month ago, I was going to buy a move-in ready rental property with the help of my parents lending me $10,000, but 2 different lenders said I could not use gift money due to the government guidelines. (Money can'...
If there are any appraisers out there, or people familiar with how they are done:
What are all the things that are looked at when determining the value of a home?
This is my first time trying to do land lording, If a prospective renter has a dog and it bites someone on or off the property, can the landlord be held liable? I understand this isn't professional legal advice and I ...
Hey BP investors/landlords, first post on the forums, and looking to get some advice when it comes to ADUs in the Los Angeles area. I currently own a 2-unit property with a garage that I plan to convert into an ADU. D...
I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...
Let's say we acquired property on a year 0 for 100k. Let's say we had a cashflow of 10k every year, for years 1 to 5 and on the year 5 we also sold the property for 130k. The question is why when we calculate the IRR,...
I have bought four properties in the past year and prior to purchase, ran all numbers based on budgeting 10% for repairs and 10% for CapEx expenditures. These were acquired via turnkey, so in nearly all cases, all big...
Hello,I work a normal job, and my wife is the real estate professional who helps manage our investment properties. Due to depreciation, we report negative taxable income from our real estate investments, which helps ...
Can anyone provide insights on how attached ADU’s are appraised in San Jose/bay area? Considering to add a 264sq feet attached studio for rental with its own entrance.