Judy Wang
Is there any city can meet 1% rule now?
Hi BP community,I am looking for property investment opportunities that can meet 1% rule. Based on my conversations with several agents in TX, FL and CA, the housing markets there are very crazy. Hardly can find 1% re...
Calvin Lin
Zillow now wants $9.99 per week for > 1 rental listing
Happy New Year BP community.I just got an email from Zillow rental manager saying that starting in Feb if I have > 1 rental listing I have to pay $9.99 per week for each listing. This is for the Raleigh NC area.An...
Mario Cuartas
Low income neighborhoods?
Does anyone have an investing strategy of buying and holding property in low income neighborhoods? I have heard the saying, “the poor” need housing too. I am curious if anyone has made a niche out of this type of inve...
Tyler D.
Best strategy for a long-term Bay Area investment?
Hey BP,I'm considering buying a property to first owner-occupy, and later rent out in the Bay Area. I'm looking to accomplish a few things:1) Take full advantage of Prop 13, by buying a fixer at a low price and lockin...
Nicholaos Koufoudakis
Separate Bank Accounts Per Property
HI all, I had a question about bank accounts and what is the best way to manage this. I have chosen to go the LLC route for each property and was told the safe bet is to open a separate bank account per property to ma...
Jason Mak
California vs. Texas
Starting this thread after reading through the "Austin is Hot" thread. After reading that thread, the Austin atmosphere looks similar to California. I'm a California investor and certainly a dearth of deals out ther...
MARY CLEMENT-HILL
Should a landlord clean a filthy tenant's kitchen and bath
Hi everyone,I've got a weird question today. My husband has been working on our ancient 4plex including what started as a small handful of repairs at one of the units where a tenant's been living for about 18 years (...
Trevor Ewen
New Orleans Land Auction
http://www.bloomberg.com/news/articles/2015-03-10/new-orleans-is-auctioning-off-vacant-lots-onlineWhat do you think? Based on what I know about the town and local economy, I wouldn't be rushing at these vacant lots. N...
Jon S.
Tenant breaking lease
A tenant owes partial rent and late fees from prior month. Rent is due Oct 10th, last night she informed me she is breaking the lease and asked if she could ride out the month of Oct, promising to be out by Nov 1, and...
Ryan Moore
CD vs Savings, comparing the rates
On Ally, their savings accounts are 1.75% right now. I was looking at their other products... why would anyone even consider a money market at 0.9%-1.0% and CDs that are <1.75%? Is there something I'm missing abo...