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Hi, all-- Before my fiancé, @Raymond Northcutt, and I had the notion to get into real estate, we were both renting. I was fortunate enough to have a landlord that gave me my entire deposit back on the spot-- no issues...
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HI all, thank you in advance for your wisdom and experience! My husband and I are new to investing in real estate. We have an SFH rented to a nice couple. There’s an issue with the oven and since we are new owners I m...
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Hi there! I'm thinking to foray into the world of short term vacation rentals as a way to create some (relatively) passive income.Once your place is bought and furnished, and your listing is set up, how much time woul...
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So I am in the process of evicting a problem tenant. Lease expired and I don't want to renew, and he owes rent. Served him with a 3-day Pay-or-Quit. Sent petition to court and am now awaiting a hearing date. Today...
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Last night I agreed to meet with a contractor for an estimate on kitchen and bathroom renovations and he came drunk out of his mind. Although my driveway is steep and winding, I had given him an advance on bringing a ...
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If I buy a property, sell it on terms and decide to sell the note 100% I know I am selling an asset. If I hold back say 20% of that same note, is that considered a security? I heard the idea this morning and the first...
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A tenant of mine has been living in a rent controlled unit since the '80s & pays $1000/mo. for a 3 bedroom (market is $3,800). It has come to my attention that a new sublessee has moved in a few days ago. The orig...
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I know that Excel is fantastic for crunching financial numbers for our RE deals, but it can do so much more. I am in the process of building a spreadsheet that utilizes formulas, buttons, macros, and hidden sheets th...
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Anyone heard of Bavex Lending before? I came across them in a FB group for REI and thought they had a good deal on long-term financing. 5.5% recourse 30-year term for LLC. Everybody else asks for at least 6.5% and 2 p...
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I've been looking at mls for houses to flip, but in los angeles there isn't a lot of deals. I want to go directly to the court house for auctions. Anyone know when the next one is and how the process works? Can I get ...