Natali Cobb
Should I include washer and dryer in my rental?
Hey BP, I recently purchased my very first property, which I am now getting ready to list for rent. One question that I keep going back and forth on is, should I include a washer and dryer in the unit? I have heard so...
Jacob Calbillo
Valuing additional lots
How do you value a small MHP that currently has 15 lots but was approved by the city to expand by another 20 lots? The current owner has received approval hasnt starting to built out the lot space and the utilities ha...
Christopher L.
Long Beach Multifamily Lending Products
Hi all. As multifamily investors here in SoCal we've been recently inspired by episode 288 of the podcast to start looking around for better lending products in the area. The guests on that podcast had mentioned they'...
Henry Murray
PM agreement - Performance Guarantees not written into contract?
I'm in the final stages of selecting a Property Manager and they have several "Performance Guarantee" that they sent me in a pamphlet (things like "We only get paid when a tenant pays", "If the tenant we place in the ...
Michael Balaska
HELOC versus saving more money to get started
I would like to buy my first rental property and I am looking at turnkey rentals. I currently work full time with a good salary and benefits so I don’t plan to quit my job at this point. My goal is to start building p...
Deanna Daily
Purchasing a home that does not reflect correct sq ft
Hi all!I am in the San Antonio market and hoping someone can help me with this question. I am looking to make an offer on a home that is listed on the tax records as a 1335 sq ft but upon measuring, it is actually muc...
Arnie Guida
Pledging Property As Collateral
I inquired on financing for a 12plex and the lender, a local bank, offered several options, one of which was pledging one of my free and clear 4plexes as collateral for most of the down payment, and then about 5% cash...
Michael Allen
Real Estate Investment Question
Situation: I currently own a rental with 100% equity. Home is valued at $74,000.00 and currently renting the unit out for $900 per month. I would like to obtain a fixed rate HELOC on my rental for 75% LTV.
Numbers:...
John Green
Virtual Closings... anyone?
Anyone been doing these or been wanting to do one? Seems like a no brainer but not seeing many folks doing it.
Priyanka K.
Tenants with a Bankruptcy?
Hello fellow landlords,Would you consider tenants with a bankruptcy? They do not have any criminal history and claim some unfortunate event caused the bankruptcy.Both husband and wife are employed and have excellent r...