Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
Hi All - It has recently come to my attention that it may not be the safest route to do a showing solo. I am a petite female which leads some to believe that I may not be able to defend myself in an unfortunate situat...
I have access to about 225k cash. I'm trying to figure out if buying another property and renting it is a better than being a private lender. My husband and I are very busy with our current day jobs, I own a busine...
Hi all,Do you inspect the interiors of your rental properties while occupied? It sounds like a great idea on paper to check on the condition of your property and see if the tenant is abusing the place. I was speaking ...
Hello BP community! I just bought my first rental property (SFR) and it has a fireplace. Should I allow tenants to use it? Or, is it too much of a liability?
Greetings everyone,
I am Nicholas, a 28-year-old travel nurse embarking on a new chapter in San Diego for the foreseeable future. Despite being a first-time homebuyer, I am highly motivated individual looking to dive...
Hi All,I’ve identified a property in my area that has been vacant for a number of years (previous owner passed away) and is currently owned free and clear by inheritance, based upon my research + local RE attorney. I ...
Purchasing a home in Hemet Ca. for a considerable discount. It has two unpermitted Enclosed patios, a unpermitted aluminum patio and a unpermitted fiberglass pool. I know that most people would run from this but I s...
Any tips of buildings in Downtown Los Angeles that allow vacation rentals?I had a great experience running an vacation rental condo in Santa Monica, Ca but unfortunately the HOA asked me to stop. Looking for other pla...
Hi guys,I have inherited this crazy tenant, he seemed nice in the beginning but things seem to be getting weird with him.Lets call him "crazy Joe"Crazy Joe texted me that he is going to "put into a hospital another t...