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I inherited lousy tenants in a property (year lease) who are threatening to sue me for a slip down the stairs. She didn't seem injured but yadayada had to go to the doctors and did xrays yadayada. Now they're saying s...
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Any insights into SB584 that places 15% tax on STRs but exempts hotels to fund housing situation? It seems bone crushing high for guests. If you were a new investor in CA market, this tax will lower your occupancy r...
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Hello, I’m considering turning my primary residence into a rental and moving out of state. It’s a 3000 sf 5 bed 3.5 bath new build (2022) with really nice finishes. We bought at the peak of the market in 22, and can’t...
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I'm a late newbie RE investor and only own a primary residence with a family of two kids. We have about 600k equity in our Bay Area,CA house with another 650K left to pay on our 2.5% refinanced mortgage. I also hav...
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So I have found a property, in a decent middle class neighborhood, the details are as follows:
[list]Property Price: $140,000 (asking price, can negotiate down but for analysis purposes keeping it here)
# of Units: ...
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I just found out the AC unit needs to be replaced. The unit is 30 years old prior to the tenant being evicted it seem to work good. I got a quote from the ONE HOUR ac contractor and he said it'll cost 6k-8k to replace...
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I am relocating so I have a new realtor I have never used in the past. She has been very good so far. However, when I told her I wanted to submit the first offer, she called me and strongly urged me to use a local len...
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I was listening to some old podcasts from "The Real Estate Guys" today. They had a special guest speaking about using life insurance as a better bank account for REI's.
Has anyone used Whole Life Insurance as a bank...
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Hello all, Hoping to get some first-hand knowledge and/or opinions on the best southside Chicago sub markets for apartment building investments. I've heard that Woodlawn, Bronzeville, and Jackson Park highlands are ...
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Hello Bigger Pockets community, My name is Nick, I am from Rhode Island, and I am trying to get my foot in the door of the rental property business. I have been browsing the forums for a while now but just got around...