Jim Petrosky
Need advice on best way to scale
A few of my friends and I are forming a REI company. We’ll have $150k in cash to start. One friend thinks we should buy out first SFH in cash using roughly 2/3 - 3/4 of our seed money and buy another property once we ...
Eric Sebast
New landlord question about process for keeping existing tennants
Under contract on our first property a duplex (traditional financing, past attorney approval, just did inspections today). It has some small items that need repairing, but it is otherwise ready to go.We decided to kee...
Madeline Lamour
From renting at $1250 to owning at $1440 with $100000 equity
In the summer of 2019, we moved from abroad and had to rent an apartment. I was shocked at the price of renting. If we wanted a 2 bedroom (a couple and a toddler) in the city where my husband worked, we would have to ...
Joan Smith
Purchasing duplex w/long term tenants who pay $1K under market
Hi,
We are purchasing a duplex. The current tenants have been there ten plus years are paying at least $1K under market and want to stay. They are month to month. They can not afford a $1K increase and I need to rai...
Marc Gaskins
Who is developing small warehouse space?
I currently rent a 1000 sqft unit in a larger metal warehouse building. Simple design, nothing crazy. Each unit has a 100sqft "office" with a bathroom attached to it. In my particular building, there are 14 equal size...
Karen Chenaille
Channel Managers vs. Direct Booking site?
Hello!In the next 6 weeks I plan to put three new units into service as STR's. I will be using HomeAway and Air BnB as my channels. I already have other properties up on Air BnB. Does anyone else out there use a ch...
Monica Abeyta
California LA County Tax Auction Research
Hi BP Forums!I am currently researching the California LA County Tax Auction. Does anyone have experience with this? I have several questions and any info would be helpful. See below questions.Any books or websites I ...
Justin Valadez
How Marriage Affects Your Real Estate Goals
Hello all,This is my first time posting on a blog so bear with me. Mainly I’m just looking for some second opinions from some individuals who have been in my current life situation or similar to. I would appreciate an...
Sean Salandy
Flipping using Owner Financing and How to Structure
How would I go about structuring a seller finance deal for a flip? I know the terms would depend on the sellers situation but I guess I’m looking for an example of what one would look like.
So for a house valued at ...
Michael Ramzy
Can someone takeover someone else's mortgage?
Hi, this is interesting! I'm trying to use some creative Financing, so I wonder can someone takeover someone else's mortgage? I mean for example; I bought my property last year for $100,000 and I put down $25,000 down...