Aaron Sims
Raising rents in California
I just purchase a 4 unit apartment building with no rent control. Here's the problem I'm having the rental market is really strong here in California. Rents for a 1bedroom is going for $1500. I have a tenant who's ...
Hemanth Grandhige
Need some help with a deal
I'm hoping for somebody more experienced than me to help me out with a deal. I found a duplex in my area listed for 139k recently. The agent happens to be a good friend and we put in an offer at 130K. This was the ex...
Alexander Kleyman
City assessed value/taxes went up 2x is it legal?
Hey BP just just got a 2021 Notice of Assessment for a property I closed on in Nov 2020. The city states that taxable value went from $23126 to $40100. Taxes are now increased by an additional $1585 a year ($132/month...
Julie Marquez
Don't Get High Off Your Own Supply
The idea of social media consumption is nothing new, but it was from listening to the Bigger Pockets podcasts that got me thinking about the value of media creation versus consumption. You can make yourself famous and...
Chris Soignier
Can I back out of my contract?
On Thursday, I executed a contract for the sale of my rehab using a standard TREC 1-4 unit purchase agreement. They had it inspected the next day, and relayed some concerns about the roof and plumbing, which is a se...
Scott Oswald
Gaining equity
Hello,First time poster, long time reader. When you rent a property I know you want to have extra money left over after paying property taxes, maintenance and taxes etc, but in town where it is more competitive does a...
Brenda Whittaker
Encroachment
Looking at a low priced fixer from a wholesaler in a high growth area. Solid home, cosmetics. Seemed perfect but, half the house is built on the neighbors property! Somehow this happened when 4 houses in a row were...
Christopher Freeman
Appraiser Missed Two Car Detached Garage in 1st Appraisal
I am looking to refinance a duplex that I purchased in July using an FHA loan, and am trying to get an approximate idea of whether or not there is enough equity to refinance into a conventional mortgage. We paid $163k...
Linda Thomas
Help with tenant issue please
Tenant living there for 3 yrs. She abandoned the property a few months ago which I just found out about. Her ex moved in 4 months ago which I also just found out about and he won't leave the property. I think i need t...
Corwyn Patterson
New to Tax Liens and Deeds
Hello I've been following this thread and have been gaining some much needed information. So if I am correct once I receive my tax certificate I can begin the possession process and current owner has 3 year redemp...