Jose Tamez
My first REI, need advise?
Hi yall, this is going to be my first buy. Here is the scoop, ive been listening,reading , and joined the local reia for REI, and done so for a year now. Ive analysed more than 40 properties through the BP Calc, walk...
Susan Capeta
PERMITS - 2 bedroom to 5 bedroom
I'm in los angeles. How hard is it and how expensive is it to get the permit to convert a single family house from 2 bedroom to 5 bedroom.. just the permit cost.. the house is currently 1000 sq ft living space and 700...
Sean Saadat
Tenant agreed to renew but did not sign the lease, sent payment
We have a tenant that had a lease expired on the last day of the month in April. A few weeks back we have inspected the place. LL and T both agreed to extend the lease for another year. We sent them the new lease ...
Renae Pinkney
How to Prepare for Possible Rent to Ownership
Hello All, I am currently renting a 3br 1bath SFH (my grandmother owns the property) and I mentioned my plans to save 10k this year to purchase a rental property and move out shortly after. I was told if I move she'd...
Jake Boyer
Egress windows - Absolute requirement?
Hey All, I've got a duplex where we've got a full height basement that we'd like to add two bedrooms and a bathroom to. The basements (one on each side) do have windows currently, but they wouldn't qualify for egress ...
Chad Lundquist
Some tenants leaving & the remaining wants to bring new tenant in
BP Family,I have a property that we rented out last July to four (4) friends, but just recently three (3) of them moved out and the remaining one has found two (2) other friends (engaged couple) to move in, but wants ...
Guido Bertoli
Is Refinancing the Best Option
I've read a lot about refinancing and how it is a good thing. I have a few thoughts that for me feel like refinancing may not be the best thing.My primary residence I owe about $309,000 and it is currently worth about...
Will Barnard
Mitigating Risk, a point of view discussion
In a recent thread, one member asked the other member the following:"I'm curious as to how you mitigate your risks? I totally understand using your own money has far less headaches than dealing with the banks or priv...
Justin Repp
Separating utilities
Hey folks. I am looking at a MF property that is priced pretty well and is in good shape. The cap rates with heat, electric, and water/sewer included in the rents are respectable but would be double digit if I could...
Mike Williams
Should I buy this house???
So I am in a situation I have never been in before. Buying in Charlotte, NC and the market is very hot right now. I have made multiple offers on listings and have been outbid on all of them, even when offering the ask...