I'm still new to BP, so I am not sure on the proper etiquette... Please correct me if I should post this some other way.I have been working on finding my first deal, and this BIG ONE landed in my lap. 26 units all wit...
In a nutshell, two tenants didn’t disclose a pet until confronted a month into tenancy, said they were finishing up paperwork to register it as an emotional support animal (ESA), and then sent in a forged signature fr...
I'm getting ready to start out, and I'm wondering about this.First of all, our REIA leader last night defined "campaign" as one specific day and marketing method (eg. pink postcards mailed on 5/1). This really threw m...
I’m new to real estate investing, so I have many questions. I currently only own one rental property in Florida. Only became my rental because I moved to California for work reasons so I decided to keep it. I’m now lo...
I have been working with an L.L.C out of Tennessee prospecting portfolios for them. If a deal is made and closed they pay me a percentage of the purchase price. To be clear all I do is call and find out if owners are ...
We have properties in different states, and we have been recommended to form LLCs in each state to hold the properties. I was wondering if anyone could recommend a lawyer that could assist with creating the LLCs. Al...
We don't allow pets in our airbnb as it is our first airbnb and rental property. We do this because we know pets come with odor and hair and we don't want to ruin our nice furniture. We have a monthly booking that jus...
I've been researching Big Bear cabins to invest in this year but do not see a cash on cash evaluation for more than 8%. Is there another area in SoCal that is better to invest in or should I consider out of state? Any...
Hey all,Wanted to share my story of my 3rd deal. At the close of the refi it was at 23.5% cash on cash and a 9.4% cap rate in a market where comparable multifam is trading closer to ~5.3%.I'd done two others (maybe fo...
We have a few condos in a complex that are older style units (20-30 years old), the rent varies in the complex we see some people remodeling the entire inside of 2b2b and getting $1600-1800 in rent while others that h...