Peter Sinclair
East Los Angeles Multifamily
Purchased a multiunit - 3bd/1ba & 1bd/baCost: $490,000Down payment: $200,000Renovation Budget: $70,000Mortgage: $2100/month - 30 yr fixed @ 4%Expenses: $190/Month (Utilities, upkeep, and administration) Rental Inc...
Seth M.
Tenant Mold Complaints Following Abatement - Advice please!
Hello BP community - I'm reaching out with a question following a series of events (some mold related) that has led to 3 of 4 college tenants in my SFR having their parents request release from their lease 3 months ea...
Robert Ruiz
KIDS flipping houses & 9 yr old Hard money lending
Just wanted to
Share what we are doing with our kids. We have 4 little chitlens ( ages 5,8,9,13) and we are always trying to teach them about money.
Monopoly and cashflow for kids are the games we play around here.
...
Kalen Jordan
Property managers aren't very active on BP forums
I could be wrong but it feels like in general PM companies aren't very active on BP. Also one of the biggest pain points for successful rental investing seems to be PM. It seems really weird they aren't more active.I ...
J. Martin
Lifestyle Design - What is it and how does it impact you?
@Ali Boone , @Charles McNelly, and others have talked about lifestyle design, and how it fits into their real estate investing - or should I say, how their real estate investing fits into their lifestyle design. I've ...
Frank A Castro
Running out of time!! Need advice.
Hi there everyone,
I introduced myself around 2 months ago in the BP family. I have been looking for my first investment property since a bit before that. I haven't been so lucky.
I am currently targeting small mu...
Sam Leon
Fannie Mae deal is giving me an ulcer!
I hate dealing with Fannie Mae.
I have this FNMA property under contract to close on May 2. There is a separate thread on that HERE, but I think this is a different issue and I need some advice on how to mov...
Mindy Jensen
Att: Traditional Lenders - Question About Due On Sale Clause
I always thought that when you transfer title, you trigger the due-in-sale clause in a traditional mortgage.I see questions time and again from investors who want to transfer ownership of their residential property pu...
Diego Hernandez
Why don’t wholesalers invest in their own inventory?
If I was a wholesaler, that means that I found a lot of good/great deals. Thus, why don’t I invest in those properties myself? If money is an issue, I can look for investors to partner up with and make more than an as...
Mark Page
Is 45 years old too late to be financially free?
I just turned 45 in May and finally bought my first rental property this past March 2019. My wife and I started our own vacation rental business . Although this is the slow season in Big Bear Lake Ca, where our STR ...