Erin B.
Asking Tenant to Monitor AC Usage
My husband and I purchased a multi-family unit a little over a year ago which we live in on the 2nd and 3rd floor and we rent out the 1st floor. Our first tenant was already living in the 1st floor apartment when we b...
Jacob Munson
Advice on selling or renting my San Diego area condo when I relocate to Denver
I purchased my 2Bed/1Bath condo in Encinitas (North San Diego) in early 2021 for 435k (40k down) and with the market going crazy the past couple years it is realistically now worth approx 620k. I am looking to relocat...
Anita Z.
Sell Central Valley Rental and move equity to San Diego rental?
Hi, would love some input/advice on this scenario: I currently live in the Bay Area, and have a single family rental in Merced, CA that I believe has a slow appreciation: bought for $170k in 2005 & its now worth ...
Jared Myers
Wholesaling Coaching Guidance
Hello,I am considering purchasing a wholesaling mentor and I'm excited about the opportunity but I feel that it's a lot of money. Is 5K for a wholesaling mentor a lot? too much? cheap?To get a mentor is it normal to h...
Sage Jankowitz
RE Investing career strategy
I'm new to the RE investing world after spending most of my life in the film industry and I'm looking to make the switch. I just spoke with one of my mentors and he suggested I start off by targeting a good and relati...
Ori Skloot
How Much Do You Pay your CPA for Tax Preparation?
Hi Folks,How much did YOU pay your CPA for tax preparation and filing 2016 taxes?I just got my bill from my CPA for preparing my 2016 taxes - $4,200. Feels steep to me. I am filing in California and I bought one n...
Douglas B.
Do you run background checks on ALL tenants, or just the one signing the lease?
(a sub30kclub topic)
I'm thinking about renting a duplex to section 8 tenants. To protect myself, I'm thinking about insisting on running a criminal background check on every person who will be living in the...
Danny Celestin
Should I Buy the Rate Down
BP Fam, thanks in advance for your help with this situation. I'm in escrow on a duplex, my credit score is high 750+, I'm a W2 employee, and I plan on keeping this duplex for more than 10 years. With all the speculati...
Brian Sherman
Book keeping software for house hacking
Hey BP,Just got my first triplex that needs some reno before I can open for business. I'm living in one of the units. I set up a seperate bank acct. Now I need a book keeping software, what would you all recommend. I'...
Sean O'Dowd
What should the first 5 employees you hire be?
This has been a question I've been debating myself recently, and I was wondering what BP's thoughts were:The situation: Your LLC owns and manages approximately 100 units within the same area. You have enough funds to ...