Wade Barnett
How are ADU's currently being appraised in Los Angeles? After SB 9 was passed.
I'm an investor based in Los Angeles and I'm planning on building a detached 2 bed 2 bath ADU (garage conversion) on my home to house hack, and eventually will rent out both units. I have done this once before (in Cy...
Matt W.
Are 1031's worth it on SFHs?
Background; I've 1031'd 4 homes in the past 3 years. I either turned one home into 2 or traded a smaller home for a nicer home that will hopefully appreciate and cash flow more. My long term goal has always been to do...
Account Closed
What to expect when buying and owning a duplex?
Me and my wife have decided that we're going to use a VA loan to get a duplex for our first property. It would be nice to get some tips from the seasoned landlords in BP.
Here's just a few examples of what ...
Dave S.
HOA dues responsibility on BUYER
Wanted to reach out and understand if this is legal or not for an HOA to do. Found a short sale property, put it under contract and later (months later) found out that there were almost $20k worth of over due HOA dues...
Sterling Chapman
Should I create an LLC for managing my properties
I am about to buy two single family houses as rentals on residential 30 yr fixed mortgages so I can’t put them into an LLC. I plan on managing them myself and a friend recommended If I couldn’t own them in an LLC that...
Tricia Plank
Can you use different names on the titles using a 1031
Can I use a 1031 exchange to sell property in "my name", put the funds with a QI who then purchases new property in the name of an LLC I form with someone else? I believe the answer is no because there would be differ...
Alfredo O.
Oil Rights
So our family found a pretty good property which in my opinion is at the right price to start out....but I have a couple concerns so I was hoping the group could guide us...1. The seller is not willing to turn electr...
Ashish Yadav
Lead Based Paint in the House
Hi BP Community
I am in the process to buy an OOS turnkey property in Texas for rental purpose, which is 1953 built. The TK provider has provided me this addendum about Lead based paint warnings, along with the contr...
Derek Shearin
Cap Rate NNN question
I happened to find a property that the owners are offering a 20 year NNN Leaseback "Sale". They list the Cap Rate at 7.88%. On an apartment building, I understand that Cap Rates are calculated based on Net Operating I...
Manish A.
Making an offer on SFH with a "30 day study period" clause?
HelloMy agent suggested I make an offer on a single family home with a "30 day study period" clause. She said this would give me time to go to the county and do my homework, and if things didn't work out with the cou...