Andrew Kent
Single-Family home in the desert of Los Angeles
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $585,000
Cash invested: $60,000
The property was a single-family home that I purchased just before covid shut down ...
Patrick Tiberius Gehlen
Thoughts on legit turnkey companies for first rental property?
hi there,
Brand new to BP, and looking to invest in my first rental property, ideally a small multi-family. I am looking out of state, since I live in Los Angeles, and certainly can't afford to invest where I live (...
Gus Muller
Deal closing March 15th. Fix and Flip? Wholesale? Rental?
Greetings community! I am a real estate broker, licensed building contractor, and I have done 10 fix and flips, with #11 set to close March 15th!I am paying 190K (my own cash). 3 bedroom, 1 bathroom, 1 car garage ramb...
Barry L Hohstadt
Monthly Condo Fees Questions
Hi Folks,Looking at a condo that has a very attractive price point but the monthly fees are very high. Is it normal to pay a monthly reserves fee on top of the HOA? 910 a month on top of the mortgage would take a big ...
Reggie Nworie
Appraisal Risks – Part 2: What Do You Mean the Appraisal is “Too Good”?
Appraisal Risks – Part 2: What Do You Mean the Appraisal is “Too Good”?
This is part 2 of a 2-part series on appraisal risks. In Part 1, we discussed what to do if an appraiser undervalues your property. In Part 2, ...
Mark Gerlach
Investor/potential property manager
Hey, all.I recently bought my first property, a multi-family that I am house hacking. 2 units currently, with a third floor that used to be a unit and will be again. I’m living upstairs with a roommate while I Airbnb ...
Cameron Kline
Too good to be true
I had a meeting with an agent/investor I’ve known from my kids school and he had an interesting proposal but I wanted to see what others thought. He has done flips and has been successful with them and has sold a lot ...
Tyson Scheutze
Same Street, Different Home
How data and tech fueled SFR growth…
As discussed in my last post, as Auben Realty began to grow, we created rental guidelines and policies to help further define our leasing standards. I wanted the business to grow ...
Matt Romano
HELP!!! Tenant requesting ANOTHER move out extension!
I purchased my first 2-family home this past July. its an up / down 2 unit that I will "house hack". The upstairs tenant (unit where I'll live) received a notice to vacate from me back in July, stating that she had un...
Emily Haase
Why are all the renos GRAY?
I’m new at this and can tell that these renovations don’t sell for top dollar, but flippers insist on gray floors with gray walls. Why?