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Hello,I am finished with my first rehab and the home is now under contract. Thankfully, we will make some profit but I have learned something about contractors: they always OVERpromise, and they UNDERdeliver.In our sp...
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Hello,I recently sold a house in Southern California where the market is tanking so I do consider myself lucky enough to get it sold without losing a ton of money. Anyway, what should I do with the profit? I'm singl...
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The owner wanted to do a seller carry for 200k with a 8.5% interest rate and Sale it for 300k.
After a month of the seller bluffing about all the buyers they had we finally got it done. Here are the details of final ...
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I have a handful of rooming houses with a very interesting clientele. Now that it is getting colder, tenants have started using the stove top and ovens to heat the house.
I've had more than one $400+ bill (with only...
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I would like to start my own construction I already have the inventory - Land The idea is to build 5 - 6 new homes each year and buy 5 to 10 new lots each year. Finance is already in place for these projects but ...
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Hi all, I rented my house to a couple last week, since they moved in they keep texting on any issue they see and request and immediate fix. I went there many times during the week and addressed all issues including ca...
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I have a property out here in Los Angeles specially Long Beach I listed about a month now and been mostly crickets. Partially because it's slightly on the higher side $4800/month for 2200 sqft SFH. I got an applicant ...
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A couple applied to rent one of my houses (note: this is through an independent leasing services and I have not met or spoken to the applicants myself). They sent a long intro letter saying the boyfriend was convicted...
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WOW, were were looking into putting our few units into an LLC to protect our personal assets in case tenants sue, and my accountant just advised me that apart from paying to FORM an LLC, there will also be an 800$ tax...
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My spouse and I are partners in our real estate ventures. I’m the analytical, behind the scene kind of person and she is the typical outgoing latina and spoke person for our business. After having 5 SFH, we decided to...