Mike Khosh
Installing Laundry Machines
Hello, I have a 4 unit in Long Beach CA and want to install a laundromat for the tenants. I will make additional 3ADUs in the same lot. The total number of units will be 7. Is it worth having a laundromat for the te...
Sheryl Sitman
Don't Follow the Herd and Maybe You Can Also Double your investment in 3 Years
Our strategy is not based on what everyone else is doing. It is based on the resources we have, our personal life situation (which evolves with time) and the opportunities that exist. In 2020, we purchased a propert...
Tom Chen
Annoying mistakes with closing costs escrows...
First, let me say...I HATE BIG BANKS LIKE HSBC...Now that that's out of the way, many times big banks don't include the full tax escrow amounts in their closing fees. If you don't want a surprise increase in monthly ...
Steve S.
Where do you typically market your rental property for lease?
I've posted my ad on zillow, hot pads, trulia, craigslist. Anywhere else to get the most eyeballs?How do you manage the asking price once you've set it based on your numbers? I have a property that will come availab...
Justin Blumenthal
Foundation and beam issues in escrow
My girlfriend had an offer accepted on a 1920s 2/2 in st Petersburg Florida. It's been under contract three times in three months, at least one of those fell three because of a foundation issue. Apparently there are 5...
J Lustre
Appealing Tax Assessment Adjustment in Shelby County, TN.
Just received notification from Shelby County Assessor of Property in Memphis that that market value of an investment property has increased, thereby increasing the assessed value and my tax obligation.Hoping that the...
Kalyan D.
cash out refi
I'm interested in doing a cash out refinance of my rental property in Dallas, TX. Looks like regular banks will not do cash out refi on investment properties. Any suggestions on where I can look for cash out refi ?Th...
Joshua P.
Newbie with little to provide, but lots to take
Greetings BP Community!I've been delaying writing this new member introduction post for quit some time now, as I've waited to gain some kind of magical insight to share with the group instead of writing, "Hi, my name ...
Catherine Saul
After Repair Value - LA Market
What is a good value to use when caculating after repair value by square footage on the Westside in LA?
Zachary R Sink
3 fourplex houses, This would be my first deal. Please help!!
There are 3 fourplex houses, with separate tax ids. They are listed at 300k a piece. I contacted the listing agent, she stated that the seller is willing to sell @ bundled price. She did not state how big of discount...