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How much capital should one have when starting out in REI in California? I tried searching previous discussion but could not find anything specific to California, and out real estate is crazy here :/ @Jay Hinrichs may...
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Hello BP community,
I'm working with a new property manager who refuses to share with me Emotional Support Animal Letter from recently approved and moved in tenant. Their argument is based on the fact that it is a "m...
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Hi everyone! I own my single family residence but just sold my business and am looking to purchase an investment property. My goal is monthly cash flow. Cash I would have to commit to this is around 20k. Does anyone h...
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Hi,My tenant signed an year lease for the period 07/01/2023-06/30/2024 but gave me a lease termination notice on 07/23/2023 without moving in stating financial reasons. They want to terminate the lease on 07/31/2023.T...
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When most of us think of having the IRS audit us, we get anxious. Audits can be very expensive, invasive and ultimately time consuming. Some audits are inevitable. However, there are multiple preventative measures tha...
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Hey everyone. I would like any referrals you have for self directed IRA companies that you have used in the past. I am really looking for ones that allow checkbook access but also have a good technology platform and...
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Hi BP fam,
Here's the situation, I currently use OpenPhone for all of my real estate business related communications (e.g., talking to buyers, sellers, other agents, etc.) as I want to keep my personal cell phone num...
Hi all,
We currently do our own property management for all holdings in-house. We have gotten passed the discovery stage and now would like to expand on that side of the business.
How have you experienced companies ...
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Hello BP Community,
Quick question on leverage. Say I purchase a home in need of rehabbing for 100k on a block where homes usually go for 250k. I put down 20%, $20,000 down leaving me with equity of 20k. I rehab the ...
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Hello! newbie here, what a great forum with lots of info!
So long story short, I've been looking into buying a rental property.
Found a property that looked promising but nowhere near 50/2 rule.
Not really showing muc...