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My tenant buyer has exercised their option to purchase but the appraisal came in low. I do have a clause in our contract that states I have the right to sell at the appraisal price but I am wondering if I am still ob...
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Spring of 2010.We (my father and I) purchased a home in the Inland Empire of Southern California. It was a brand new 3Bed 2Ba SFH that was listed at an unbelievably low price. A little backstory on this property; this...
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Context: I have bad credit. My fiancée has good credit. I have proof of income. She doesn’t work. We have 20k in savings, we’re ready to buy. Question: What would you do? How would you actually go about making this ha...
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We no longer rent to smokers but we used to rent to smokers with the condition that they smoke outside.
We have a tenant that is a from the time that we rented to smokers. They have been good at only smoking outside...
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Hello. I am a newbie to the group. Looking for advice - Do I Sell or Hold?I own a home in San Diego CA. I purchased the house in 2015, in a transitional neighborhood for a low price, and the value has since doubled. H...
I think this topic has been discussed a bit ad nauseam but I couldn't find a thread that dealt with it directly with recent discussions.Following the latest discussions regarding out of state rentals, I was wonderin...
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Hi everyone!
I just opened escrow on my first property! It's a 3 unit, single building home and I am super excited about it. It's an old 1910 California craftsman style home with 2700 sqft in a historic nei...
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I purchased a rental property earlier this year, and it will be my first year not taking the standard deduction. I met with a tax professional I found through BP, and in our planning call, she mentioned that if you ar...
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I make 150K a year right now but I work 2,000 miles away from home and from my wife. I'm miserable. So in 6 months, I'm taking a job back home making 100K a year.Can I realistically buy an apt building (as many doors ...