Karen Casey
Sell or keep rental property
Hi Everyone,
I have a rental property in Selma, Ca. I'm torn between selling it and keeping it. I feel like we are at the top of the market and I only owe $60,000 on it, but it will need a new kitchen and bathroom in...
Christopher Currall
LA Garage ADU conversion foundation confusion
I'm concerned about a couple cracks in the 6" concrete slab foundation in the garage I'm now converting into an ADU. The architect initially suggested that'd it' be no problem - he'd simply submit to the city of LA a...
Michael Judd
How long do banks require to wait between loans.
I am refinancing my primary residence and closing is today. My original plan was to continue to occupy my home for minimum required time and then buy an new place and rent mine out. I was in a 15 year loan with a $2,2...
Vincent Franzese
Keeping Good Finances
Hi All,
I'm new to BP, but very excited to have this as a resource moving forward!
I am looking for the best option for financial accounting for my rental properties, but not willing to pay for a service like quickb...
Richard C.
Small Mortgages?
This may sound like a strange question, but here goes:
I have found a house, in a town I am very familiar with, that is an excellent deal at 35k. My problem is getting a mortgage. And not due to down payment (I can...
Graham K.
This is me and this is why I'm here
Just caught the real estate bug again a few days ago. This time it's different because I have money to invest. I'm about to be 29. Been self employed full time since 2009. I'm single and pay $800/mo rent for a jr one ...
Kyle Kovats
First Post, Excited to Join BP!
Hello all,
I just wanted to introduce myself to everyone on BP. I am a 22-year-old senior at Rutgers University studying entrepreneurship and I've always had a major interest in real estate investing (wholesaling, F...
Chuck Redman
Private money lending. Do I understand it correctly?
Is the loan guaranteed simply by a promissory note? Does the note list the property as collateral effectively placing a first lien on the property until repaid?
I am considering using this to purchase property to reh...
Andrew Jones
Duplex deal analysis. My first investment.
Hello everyone,
I purchased my first investment property a few months ago. I am looking to hold onto the property for the cash flow. Property is in Bakersfield California. I want to learn from this purchase as much a...
Sam Sagor
Rent control tenant quagmire
The love of my life has asked me what to make of the following situation. This is not for a property I own :
Story time for a parent :
There is a tenant we'll call him Mister Ed, living in a rent controlled apartmen...