Hi BP!I thought it would be a cool idea if everyone shared their best tip for managing their rental property. I'll start if off.My best property management tip is charging a 5% late fee when a tenant fails to make th...
New member and fairly new licensed contractor looking for advice. I'm almost finished with my first flip. Another property has become available that I'm interested in flipping, but I don't have the cash for the down p...
Can anyone tell me a time where they had 100% seller Finance, What was some of the steps you took to make the deal happen..How did you advertise or come across the seller
Here's the scenario: In escrow on property, seller provides rent roll and tenant is 10 days late on first months' rent. Note, lease was signed right before listing property, so this is first time rent has become (i....
I have a property I would like to sell:-Market value: 450,000-Purchased in 2020- Mortgage has $153k left at 4% (conventional)The market is slowing down a bit and since I no longer would qualify for conventional loans,...
In light of all the recent threads about COVID-19, worrying about tenants not being able to pay rent, legislation that seems to screw over landlords month after month, and ethical dilemmas about where it is our obliga...
Hello BPers,I own a rental property (single family home) in CA bay area, and I was looking into doing a 1031 exchange with a larger property as a way to upgrade income. But on second thoughts, after years of being a ...
Is this possible?
Hi All,My first post here, but been lurking for a while. Scott Trench's "Set for Life" inspired my current situation. I'm interested in getting into real estate investment because I suspect it might be the fastest...
I've lined up my first property that will cost me $85,000. I'll be putting down 20%. This is a 3 unit property and it will not be owner occupied. I have about $350k in equity in my primary residence. Should I just...