Hi Everyone my name is Tristan Romero and I am currently living in San Jose CA with my parents paying no rent. My girlfriend and I have saved $30,000 in cash reserves and I could get another $10,000 from borrowing aga...
Hi BP members - I am not knowledgable about insurance. I'm lending to a borrower who has multiple flips going on. I just want to make sure I am adequately insured so would appreciate any feedback from insurance profes...
Hey BP,I am a still a newbie to this website, have been lurking around for a couple months now taking in tons of information. I have decided that my first investment is going to be a multi-family, with the intentions ...
4-plex in tacomaasking price 280000rent: ~3000/month (750 each unit)utility (water/garage/sewage): $350, tenant pays for electricity/gasIns: ~100/monthBudgeting 5% vacancy (since per owner, no turn over last three ye...
Hi everyone,New real estate investors here interested in fix/flipping properties. I attended an investment boot camp which helped us get a proof of funds letter, but I've had agents try to confirm that it is our funds...
On my personal residence (a property I plan to rent out eventually), I have a conventional 30-year fixed mortgage with Wells Fargo. I purchased the property back in April 2018 and only had to put 5% down. Due to some ...
Currently have 3 rentals carrying legit losses on my tax return for a number of years now. I understand that this will be useful when I sell, in order to reduce my capital gains tax. It also reduces my AGI from my 9-5...
This may date me as my kids say I am too old school but since 2007 I have always had rent due on the 1st but not late if received by the 5th I am having more and more tenants, especially college aged, asking me if I d...
Hi everyone, I could use BP's advice. My PM charges me crazy fees for everything. For example, the furnace crapped out, and he arranged to have it replaced (which is fine) but also charged me $200 for bringing 2 heate...
Hi everybody,
I recently found a listing for small mobile home park in my neighborhood. The park has 12 mobile homes, 1 SFH, and 1 duplex. The park is for sale for $800k and one of the mobile home park vacant is a 2/...