Pavan Sandhu
Every property in CA should have at least 1 ADU
Every SFR in CA should have at least 1 ADU. I'd even go as far as to say you are losing money every month by not having an ADU on your property. These new laws are only in effect till 2024. What's stopping you from ad...
Devin Monroe
How do you make money with a PM?
I would love some insight to this as I am a new investor (don’t have a home yet). I know most don’t recommend using a PM but I see myself long term with 60+ units one day and would eventually use one anyway. Ok with t...
Vishesh Shah
Help! Need Advice Whether to Close or Back Out of a Solid Deal!
Hello fellow BP'ers, I have a slight issue at hand right now. A few months ago, I acquired a solid deal - 2 two-families that are adjacent to each other in Paterson, NJ for $125,000 each. They were off-market and I kn...
Jeremiah O
Advice on a complicated situation (at least complicated to me)
Hi all,
My wife and I purchased a home 7 years ago (at the high point of our market). We still owe more on the home than it is worth. We are considering moving and I am trying to analyze each option. My 2 ...
James Free
How does foreclosure work in second position?
Google the foreclosure implications of being a debt-holder in second position, and you'll find a bunch of articles explaining that if the house sells for less than what is owed, the person in second position gets scre...
Matt Hangsleben
401K: Continue Contributions or Stop?
I recently purchased my first rental property with no money down. I did so by necessity as I am cash broke! However, I do put a substantial amount of money into my 401K account every pay check. I have always been r...
Keegan Darby
Investments with no cash flow
Hello BP -
Turned down the purchase of a home today with the following details:
$220k purchase price $270k ARV (built in 2008, just needed to be cleaned)
Needs ~$20k in light work (paint, faucets, yard cleaned) ...
Ken Nyczaj
1st Marketing Campaign
For anyone whose interested I'm doing my first marketing campaign tomorrow. Nothing huge, but it's a start:Sending out 200 5 x 7 blue pastel envelopes with yellow letters, some handwritten in pencil and some using fon...
Erin Gramling
I need some advice from those experienced in buying real estate
Hello, my name is Erin. I am determined to get started in buying and renting real estate. I live in an area where property isn’t as expensive as it is in other places. I have found a couple very decent 2-3 unit duplex...
Gary Ryan Herndon
Hard money loan but I don't own my primary residence... Issue?
Greetings BP community,
I am a newbie investor/ REALTOR in the Atlanta, GA area and I have my first rental property deal under contract- close date set for Sept. 17th. The home would be financed through a local hard ...