Heeyeon Chung
Seller refusing to provide financials
Happy New Year, BP Community! I am currently under contract for a 14-unit MFH property. I was told that the seller is old (in her 70s) and both the seller's broker and her attorney are having a hard time getting thing...
Brendon Woirhaye
Los Angeles County Rent Control
As many of you know, Proposition 10 is on the ballot for November, and if passed, it would repeal Costa-Hawkins which significantly prevents individual cities from imposing rent control. It is shaping up to be a majo...
McKenzie Bagan
When to cut losses and pass on bad neighborhood?
This is a not happy post and we feel like we are in a difficult spot. I did my first Brrr property and things have been tough from the start. I was able to get the property renovated, refinanced and listed with a prop...
Mike Flora
ADVERSE POSSESSION SITUATION
Got a situation, deed shows owners names that have been dead for 14 years and neighbors state property vacant for at least that long. Property is free and clear but obviously taxes have been paid. So I have found no h...
Chris C.
Cash Out retirement fund!! Is it stupid for me??
This flies in the face of everything that we have ever learned about retirement accounts. So I want to start this by stating that it is stupid for 99% of the people out there to cash out retirement accounts but I wou...
Francois G.
Convince Me Why Buying All Cash Is Beneficial
Hey Guys,The name of the game has always been leverage for me. Building wealth can absolutely be accomplished by using credit, OPM, etc. Every now and then, I come across that investor who buys his properties all cash...
Nick Holmes
Want to finally get started! Living in Baltimore, from Memphis.
Good afternoon,Long time lurker and podcast listener. Grew up in Memphis, TN, graduated from University of Memphis, then joined the Marine Corps. I did 12 years, got out last year, and started a defense consulting fir...
Supada L.
First rental turned out to be negative cash flowed.
Hello,
Can anyone please give this first-time landlady some advice on this issue?
I bought a turnkey from Roofstock last summer. It is out of state and I have a PM to take care of it. It's supposed to cashflow about...
Joshua Dorkin
The Media's Negative Spin on Flipping Houses and Investors
Here's a report from CNN Money on flipping houses that continues the trend of media and government negativity on the housing situation:
House Flipping
Pay special attention to the reporter's remarks about flipping pl...
Josh Stack
DATA POINTS - Multi Year Turnkey Performance - Your Experience!
Hey Everyone,My wife and I are having a very lively debate about turnkey vs. non-turnkey. Hearing all the turnkey success stories really fuels the debate but then I go in and read an inordinate number of thread where...