Michael Figueroa
Does the 70% Rule still apply in California?
Hello everybody! I am a brand new real estate investor in Los Angeles and SF Bay and my question is does the 70% Rule still apply in today's market. If not what is the formula that is more applicable these days that y...
Purnell C.
Sending email to tenants who've shown interest in condo
After advertising my rental, there was much more of a response than I anticipated. I had to ask these people to stand by until the unit was vacant. Most of them were emails. Now that I am ready to show it, I realiz...
Nicholas Middleton
Short Term Vacation Rental in Daytona Beach?
What is going on in Daytona beach? I am seeing lots of properties popping up in my email these past few months? Is this due to insurance costs? What do you know?
Wendell De Guzman
Going Into Transactional Lending, Any Advice?
I have some money coming in and would like to be a transactional funder. Do you have any advice? How do I ensure the money is lent out every month? How do I compete with a plethora of transactional funders out there? ...
Tyler Haskell
Duplex in Sacramento over my head?
Hey BP,I am looking at a duplex in a desirable area of Sacramento, wanted some deal analysis:Story is a guy in Oregon owns it and built it out from a three bed single family to a duplex with 2190 sq feet. It now has...
Shawn French
Using the 2% Rule in Omaha, Nebraska
We hear a lot about “The 2% Rule” (or, as The Book on Rental Property Investing calls it, “The 2% Test”). For our benefit, I would like to create a local forum discussion (THIS forum discussion) that documents our in...
Peter Hynes
New Partnership Questions
Hi folks,Newbie here...My brother and I are ready to buy our first property together (i.e. we've been preapproved with a lender, have a real estate agent looking for properties for us, etc.) with the hope of owning ab...
Luke Hoffman
Tenant breaking lease before the 12 month mark
The tenant informed me that they will be leaving at the 8 month mark of the lease. I use bigger pocket lease form for Indiana. Where does it mention what happens if they leave early? Do I get the other four months of ...
Stephen Savage
Newbie - Is personal use counted by days or nights?
I'm under contract for a ski-in/ski-out condo in Keystone Colorado. I'm going to use the condo primarily as a STR property, but would like to maximize personal use without going over the 14 days/10% IRS rule. I've r...
Garry Martin
Sanity check with this tenet
Hello all,
I am hoping someone can give me an unemotional response to this issue.
I have a tenet in a one family house in upstate ny. In the latest blowup, he called me to ask if I had been on the properity the da...