Hi everyone, I've have a rental I co-own with my father. We bought this 3/1 in northern California in mid 2008 for 126K thinking how much lower could it go? Today it's worth around $75K with around $91k remaining on ...
Hello! I'm new to the BP community and investing in real estate. I need advice from other investors and real estate agents on finding the right investor who is willing to work with newbies for Fix & Flip projects ...
I’m currently 19 years old and have quite a passion for real estate. I plan to get into house hacking firstly and then progressively move towards rental.A little background info; Im in my second year studying at York ...
Currently shopping for a SFR in the Burbank/Valley Village/Studio City area.Desired property: 3 bd, 2 ba, max $1.1M. (move in ready, but not renovated)Any suggestions on strategies for increasing offer acceptance?Curr...
Hi everyone, if I need cash for an investment project, which is preferred way to get it: selling a current property to get the cash, or keep the property, rent it out, and do a cash-out refinance? A few conditions are...
Hey BP friends,I recently ran into a new situation, and I need some ideas on how to structure an agreement. The situation is as follows.I have a coworker that knows I wholesale properties in my spare time. He came t...
So I stumbled across a property that will be going to the sheriff's auction on the 2nd of August. The person in just under 10k in payments. He did not realize it was going to auction until I told him; at that point he...
I’m in the early stages of looking at an 8-unit apartment building and would love some feedback on my numbers to see what others think of this deal (or no deal). I visited it this morning and was only able to get int...
I am a newbie to BP but just love all the content! I am interested in hearing how folks were impacted during the last down turn and actions you took. I know property values dropped tremendously but were there other ...
Hi All,
I have been looking at some properties in Los Angeles (Long Beach) and I keep coming up with calculations that yield me barely any cash flow. [they are 3-4 units] My question is, is this to be expected in LA?...