Michael Meeks
1st Commercial Real Estate Deal
I'm working on my LOI, for a Mobile Home Park. I've run some numbers and looks like their is a tremendous upside. I own a mobile home that I am currently owner financing in this park, and was approached by the owner s...
Tyler Rowley
Hard / Private Money Math Examples
Hey everyone. Can you write out some easy-to-understand examples of the math for paying back a hard or private lender? This is how I learn. I love to see realistic examples. What are the exact math equations for your ...
Farzan Setayesh
Unpermitted garage conversion to ADU
Hello. An off market deal has been offered to me. It is a 2 car garage conversion to an ADU without permit. It has been rented for the last 8 year. How can I get a permit? Consequences not getting a permit and keep re...
Mekhi Jones
Pitching Rental Arbitrage
Hi BP community,I am an out of state investor in my hometown of Cincinnati, so I plan to visit for both work and family now. Im thinking of practicing Rental Arbitrage with an apartment in the city to add double as an...
Kevin M.
Philadelphia Property Taxes- Land and Improvement Value
This is mostly just to vent...Can anyone explain how the OPA (Office of Property Assessment) comes up with home values? It seems to me that certain properties are targeted for higher increases. Particularly properties...
Jordan Szabo
looking to buy fist rental, considering Lansing, Michigan
Hello BP community,
I’m a brand-new member and I’m looking to pull the trigger on my first rental property soon. My primary residence here in San Diego has a lot of equity and I plan on getting a HELOC to pay for my ...
John A Murray
California School Impact Fees for ADU's less than 500 SQ FT.
The California Department of Justice, in conjunction with the California Department of Housing and Community Development, is investigating the charging of this fee. They are looking to find out what cities force ADU a...
Kahntineta Ford
Homevestors
Does anyone have any feedback regarding the Homevestors franchise? (the "we buy ugly houses" company)
Nathan Fisher
(RANT) Section 8 is not Guaranteed!
I have to vent. Section 8 is not GUARANTEED MONEY. IT is not a cure all Panacea. It does not always pay more than market rent.1. Tenants pay 30% of their adjusted income. They still have a monthly payment. They ofte...
Bruce L.
Tenant is Shopping Around
So my tenant is on a month to month lease and has been with me for 14 months now. Decent tenant, was only late once and paid the next day as he forgot when the 1st of the month was. When he moves out, I will have ...