Witth the long term goal to have multiple doors, for passive income with less involvement what would you do or suggest as a next step ?have primary and rental home in bay area, looking for next step.few options in my...
I am seeking my first rental property. I've been scanning for leads in my area for a couple of weeks, but every opportunity I find offers negative cash flow because property values are disproportionately expensive as ...
I just got a deal with seller financing and to make the payments I have to increase rents. With LA's ridiculous laws im not sure how to get the tenants to move out. Turns out 5 out of the 7 are related and they only p...
Hello! We are looking at properties that already have tenants. I am wondering how that process works (lease, rules etc. that are already in place from previous owner). Do we write a new lease and have them sign? Do we...
I’m looking at a NNN retail lease Investment in which it appears the initial term will be up in three years with two additional five-year options to renew, each with a 10% rent increase. My first concern is that altho...
Hey BP!
I have a househack and I'm thinking about switching the rented unit from a LTR to a mid-term rental focusing on travel nurses, etc. My first step is just gauging if there's actually a demand for this in my ar...
I would like to see a "Dealmaking Failure Stories" to counter the "Dealmaking Success Stories" in the BP forums.
We all know that you can't achieve success by being a perfectionist and without failing. Would love to...
Hello BP community, My wife and I work w-2 jobs and own 3 rental properties... nothing crazy. Is it normal for my CPA to be charging me $3,000 to prepare our tax return? This is my first time using a CPA and I don't k...
As a beginner investor I was overwhelmed by all the help that was offered to me. However it eventually became apparent to me that most of the people I had been talking to were actually turnkey providers trying to sel...
For about two years now, one of our tenants has been paying for rent in cash. I am almost certain nothing illegal is being done to obtain this cash - they are in a band and receive tips for that and his wife is a wait...