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Sounds great, I know! But when they have been living there for 10+ years, are still paying half the market rent, and their unit is in desperate need of an update; how good is this situation really?We are interested in...
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Hi all, I wanted to throw out a question about investing in Oakland and wondering anyone has any ideas or advice to share.I am wondering about buying SFH vs MFH in East Oakland, specifically because it looks like SFH ...
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Hello,I gave my tenant not renewing notice 80 days before the lease ends, but the tenant quoted below and he could stay with the current rate. "According to the Chicago Fair Notice Ordinance, if the tenancy has been ...
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Very new to real estate investing. Everyone says buy below intrinsic value but how do you do that? Is it just finding properties with problems that scare people off (mold, junk, bad smell, etc) and buying those becaus...
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Hello everyone! I'm going to see a property soon and would love some input from you guys/gals. I'm looking at a property in a thriving area its a duplex for 430k 4 bed 2 bath the average rent for a 2/1 is 1500 in this...
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About a year ago we purchased our home in Marin County. We were able to buy low in a good neighborhood since the home was in need of some work, mainly needing cosmetic work and some deferred maintenance. We have been ...
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HI, I've got a 2 unit property. It's actually a single family house with a detached garage and an apartment above the garage. I've owned it for a little more than 4 years. I bought it for 202,000 and it appraised for ...
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Hey folks,
I'm interested to hear the BP community's thoughts on whether we could be on the brink of a wage / price spiral in the U.S.
A wage / price spiral occurs when wages increase (which is occurring), and those...
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I'm getting ready to remodel the middle unit of the triplex I just purchased, and it is going to be a lot of work. This is my first project and my wife and I will be doing the whole remodel ourselves.One of the reaso...
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What is oaklands 'base year' for determining a 'fair return' under rent control? Can i use state mandated covid lockdowns as exemptions? Per https://www.ci.richmond.ca.us/DocumentCenter/View/61839/MNOI...Fair return d...