Andrew Merritt
Accumulating Rental Properties
I'm working on finding a rental property as my first deal. For right now, I'm focusing on pretty much turn-key properties. If I stick with this and spend all of my money allocated for real estate on this first prope...
Account Closed
Rent Control is Finally Coming to Sacramento
On Tuesday, August 13, the Sacramento City Council will likely vote to enact a rent control ordinance. Here are the highlights:- Landlords will be prohibited from raising rent more than 6% plus the “consumer price ind...
Dan Burstain
A move from California to Texas could save a million dollars. Many Americans are opti
A move from California to Texas could save a million dollars. Many Americans are opting inSwapna Venugopal Ramaswamy USA TODAY July 4, 2023https://www.usatoday.com/story/money/2023/07/04/california-to-texas-move-risin...
Joseph Firmin
"New" NY Tenant Protection Laws - Still Worth Investing in NY?
Our property manager emailed last night stating they are having an "emergency meeting" to discuss whether they should continue business given the new regulations signed into effect by Gov. Cuomo. The new tenant prote...
Brad Gibson
When to Shoot a MTR in the Head & Abandon the Venture
I just converted a 2/1.5 townhome that has been a LTR for the last five years or so in my portfolio.
Renovated the place including kitchen, bathrooms, flooring, paint, & fixtures, cabinets, countertops, etc. Re-...
Kim Pham
Raw Land for a first deal
Hi BP Community!Would love to get your guidance as I think this might be my very first deal. -FSBO priced at $80K (free and clear)-Owner is an elderly man who purchased the lot for $60K nearly 20 years ago through a f...
Kyle Burrows
Unapproved Pet - Not on Lease
Hello BP! We are managing our first rental property and have come across a concern with pets at the property. We approved 1 dog (specifically identified on the lease) for the tenants. We recently learned that they too...
Robert C.
Facebook Shifting Many Employees to Permanent Remote Work
Well, this could definitely be a market mover around my neck of the woods and across the country. Facebook will permanently shift up to half of its employees to remote work.Will people choose to live in the Bay Area i...
Matt Pulkrabek
Open Door Capital and K1 Investment losses
My question is regarding passive real estate losses. I am a real agent and investor, therefore I am considered a "real estate professional" for tax purposes. With that being said, my accountant has always allowed ...
Brandon Handel
Is it stupid to have my name in my LLC?
My original idea was to have my Last name in the business name for the entity that would be managing my properties. The properties themselves would be in separate LLCs. My question is if this is a stupid idea. Others ...