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A close friend and I have been trying to find out first wholesale deal in Los Angeles. We hear countless stories that we cannot wholesale in Los Angeles because it’s too competitive. We still haven’t gave up, and we’r...
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We turned on our first MTR unit in early 2022. It's a great 900 sqft 1/1 unit in a duplex, that we've been renting for 2200/month (just bumped up to 2400 per month) with little to no vacancy.Fast forward to a couple m...
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Shopping for a home loan is a big decision, and it's worth it to find a loan officer you can trust. You deserve a great home loan experience every step of the way.
To avoid being caught by surprise when you’re alread...
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Hello all,I'm currently under contract to buy a fully-occupied multi-family property. This is the first time I will have inherited tenants that are on a year lease (as opposed to month-to-month).One lease expires in ...
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Good evening BP, I just flipped my first property and have a question on when do I pay income tax on my profit? And how do I do it? I have contacted a CPA and he told me that I don’t have to pay for two years or if I ...
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I'm going to be managing my first property as soon as I can get an offer accepted. My plan is to buy a quad, owner occupy, and I'm going to skip the LLC because I don't see it really providing much in the way of bene...
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I’m looking to purchase my first multi family in South Los Angeles, a couple miles from USC. This will be my first hack. I’ve read the Househacking Strategy and done some mild research on the regulations and ordinance...
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I’m 17 years and looking to buy my first investment property but I have no credit score. I’m still learning a lot but if I choose to purchase a property, is there a way to do that in my situation? Someone that’s exper...
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Hello
I've seen posts and profiles of people who own RE in multiple states. I've also seen posts and comments stating that anyone who rents out a property farther than easy driving distance from their own home should...
I recently bid on a foreclosure in my small city in CA. For weeks nobody bid on it, as if it was under the radar. The bank and I went a few rounds, and finally reached a verbal agreement on a number. So one Friday aft...