Fernando E.
Buying my first investment property in the Bay Area
Hi BP family, I'm planning to buy my first investment property with my sister in the Bay Area. I'm planning to buy in Fremont, Hayward, Union City but with my budget it seems that I can only buy condo or townhouse (if...
Steven Payne
Getting pet, rat, and smoke smell out of a house
I'm renovating a house I bought that has a nauseating smell to it. We have aired the house out for a few days. There were many dogs, cats, and rats living in the house. They also smoked. The smell is probably in the w...
Daniel Levine
cash out Refinancing problems with LLC
I am struggling to refinance my triplex because it is in an llc. I own the triplex out right and believe it will appraise around 230,000. It rents for 2275.00 and the NOI is around 1100.00 per month. I'm looking for 1...
Ethan Lee
Help analyzing 4-plex, repairs, first deal
Hey BP nation,I decided a few months ago to put my crash course education into action, jump into the game, and pull the trigger once I found a deal where the numbers made sense. I found a 4-plex and am under contract ...
Jack T.
Bakersfield, CA long term
I've been looking at some properties in Bakersfield and am concerned about the long term prospects for the area. One example is the following article
http://www.bbc.com/news/business-36595888
What are your thoughts?...
Miguel Pelegri
What does relocation mean to your portfolio?
Hi guys,
I'm currently living in Cincinnati, OH, and have a single family home which I rent out. I want to continue building my portfolio, but I also want to relocate back to Miami Fl, where I'm from, within the next...
Javier Guanda
Analysis for Rental Investment (Please Help!)
Hi! Everyone, I will appreciate some advice on the following scenario. I have 40k to invest in a new rental but not idea how to proceed with the analysis and numbers. I'd like to buy a Townhouse...
David M.
Help With Understanding Capital Expenditure Depreciation
Hello, all.I generally let my accountant do his thing, but I try to understand the ins and outs of taxes for my own benefit as well. I understand the concept of depreciation on a home over 27.5 years as an expense tha...
Desiree Maya
Attorney Advice - HOA Delaying Sale
Seeking RE Attorney advice. My mom is selling her condo and recently lost her buyers because they qualified for FHA and near closing, the HOA lost their FHA certification (currently under appeal). They also revealed...
Liam M.
Inherited a house - HELOC and rent? Sell?
Hello, I'm new to the website and I'm looking for advice. I've tried searching for posts similar to mine and figured that I'd might as well make my own post.My dad passed away in 2017, leaving me the sole inheritor of...