Justin V.
Should I require indoor cat to be vaccinated?
I have new tenants moving in. I talked about requiring proof of vaccination for pets at the showing. Didn’t have it in this listing... :(Now I’m asking for proof and they don’t have their cat vaccinated. Tenant says “...
David Lee
The 8% rule with cash flow?
I have read in several different forums about the 8% rule but I don't completely understand it. Can anyone give me a good explanation of this? Thanks in advance.
Pete K.
Made a Tax Deed Mistake
Quick Background: I started investing and learning about real estate two years ago. Since then I bought a 3/2 that is cash flowing nicely and purchased my own home with three roommates covering the mortgage for me....
Brandon Lashmet
Rental Property Business Structures + Asset Protection
Below is the current situation and I would like to get perspectives on the best way to protect a new rental property purchase.Current Setup:CA LLC 1 (1 long term rental property)CA LLC 2 (1 long term rental property)C...
Aaron Zimmerman
Replacing Windows in Multifamily Property
I'm looking to update the windows in my property for all units if possible. In total, I counted approximately 30 windows that would need to get replaced, with many of them not being the same sizes. I also want them to...
James Allen
Can you cash out a conventional loan?
Hey Guys,This may be an obvious question but I'm struggling to find the answer. My brother and I may be potentially going in on a future deal together (Buy, Fix and Flip). He has some cash (around $40,000) and I will ...
Tony Castronovo
How to inform a prospective tenant they did NOT get approved
After screening prospective tenants and making a selection, am I obligated to let the applicants who did NOT get approved know why they didn't make it? Not sure if it's best to "say nothing"....be vague....or tell th...
Gary Hazard
Wholesaling houses with mortgages.
My last question of the day. If a house has a mortgage on it regardless if its paid or unpaid, how do I negotiate a deal? I dont understand what happens to the mortgage. Who pays the mortgage? Does it get paid? C...
Jonathan Feliciano
Thoughts on converting a garage to a bedroom?
Hi BP Community!Recently, I’ve been thinking about purchasing a 2/2 SFR with a garage, and converting the garage to a 3rd bedroom.I think this is a good strategy because you can purchase a home at a cheaper price (com...
Chris Vicari
Starting Out Huge, 1.45M Investment Property Opportunity
The Basics: I've been watching the micro-climate that is San Diego's short-term vacation rental market since I moved there in 2015. I have numerous friends who rent out their primary residence and completely cover the...