Account Closed
Adding ADU to fourplex in California
So apparently the ADU law (SB 1069) in California allows the addition of an ADU to a fourplex.Does anyone know if conventional lenders will still consider this to be a residential property?(Is it still a fourplex?)If ...
Stephen Spearman
Moving Tenant Asking for Us Not to do Tours due to COVID
One of my tenants will be moving in July and I am beginning to do tours for the turn over for potential renters and the moving tenant is asking for us not to do tours due to safety concerns because of covid. I notifie...
Paul E. Drecksler
I put websites on top of Google for a living. Ask me anything.
Hi BiggerPockets Community - I'm Paul and like the title says, I put websites on top of Google for a living. What questions can I answer for you about that?I'm a newly addicted real estate investor, and I've been list...
Gregory Schwartz
College Towns: Are we approaching a buying opportunity
For those of you that buy and hold in college towns do you see this fall as...A. The same old housing market, all the students will be back. Sunshine and rainbows for everyoneB. Buying opportunity. This is the Thursda...
Trevis Kelley
Debt, no money, decent income - how to start
Warning - this may be a long post - I will try to section it off. I have an on/off relationship with RE as I've always been drawn to it and always screwed it up - and then listened to those in my life who told me tha...
Account Closed
Sold a house, but can't cash the check from title company
Hi everyone,My friend, who lives overseas, sold his house in Kansas City and the title company wrote him a check. My friend does not have a bank account in the States (and is unable to open one since he is not a resid...
Ryan Evans
Being a lazy millennial is starting to pay off
I’ve always been the laziest person I know. By far. From childhood, I never really saw the point of having a job. I knew some people didn’t have jobs, but made a ton of money and did whatever they wanted. I just figur...
Mark N.A
Cash for Keys
Around here the banks offer $500 “Cash for Keys” to foreclosees if they will vacate quickly and leave the premises “broom clean”.
How about you landlords out there? Do you give any monetary incentives to avoid forma...
Luis Fernandez
Market that Can Match these Figures
I'm looking to invest $100,000 in cash toward rental property for a revenue of $3,000 to $4,000 per month. I'm not interested in appreciation or quality neighborhoods. My primary interest is cash flow. With that being...
Jenessa NeSmith
Every STRs worst nightmare...need advice on what to do!
I want to preface this by saying we've been Airbnb hosts for almost 2 years, and this is the first time we have had a huge problem like this. For the past two nights we have had people staying in our basement which i...