When we moved to southern California, we rented out our house in Redding. Over the years there have been several different tenants. It's a 4600 sq. ft. 4 Bdrm 4 Bathroom home on 20 acres with pool and guest house. Las...
We have a house on 3 acres near a neighborhood, and we're considering listing it on Airbnb. After some research, we connected with a local Airbnb manager who took a look at the property and was very complimentary. He ...
I’m newer to investing and came across a condo for sale in Florida which apparently is a “condo-hotel.” My understanding is that the building will rent this out for you and take a percentage. Does anyone know both the...
I have a non paying tenant in Oakland, Ca. She was vetted and placed by a property manager in the area in January and then I decided to self manage after that until it got too confusing (in May). She let me know in A...
Hey fellow investors!I'm a new investor living in San Francisco, but am looking to purchase my first investment property in the Sacramento metro area. I'm looking at SFH and duplexes at this point, but would be open ...
Hello BP,I recently met with a local closing attorney and told them about my plan to buy renovate and resell houses. I mentioned the letters and marketing I have been sending out to targeted houses (acquired by drivin...
What is the best way to setup up bank accounts for rentals. I have my main personal account. I also have another bank account at a different bank just for closer convenience. I have a 3rd bank that I just opened up...
So - I'm still looking to do my first deal and wondering if any of you successful investors would care to share the numbers on a BRRRR deal that you used hard money lenders to purchase the property and maybe even cove...
Hello, I've been researching BP podcast and resources and am looking into buying another property to downsize from the current one but wanted to use the equity in my current house to purchase a new house in the area. ...
When running numbers on an investment property, I focus more on equity growth than monthly cash flow.
Here’s why:
If I can acquire a property at a low basis and add significant value, I can:
1) Sell and reinves...