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Hey BP,I have been making tons of phone calls with local banks, over 15 now and have yet to run into someone that is lending non-conventional residential non-owner occupied "portfolio loans". I did run into a guy tha...
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I found this article today on chase.com that provides 6 nice charts that indicate that the housing market has recovered from the recession. The basic highlights are that house sales are up, house prices are back to th...
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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...
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Hey guys, wanted your take on something. My neighbor next door is asking to split the cost of converting a wood fence to cylinder blocks due to my tenant hosing down the yard due to pets waste and water sloping into h...
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This is a bit of a rant, but I had to get it off my chest.California, following in the footsteps of Oregon, once again is acting with emotion and without reason or a sense of how economics works by passing a cap on re...
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Here is a question that was posed to me by an old friend recently. He is attempting to do some joint venture or syndication type transactions. In our conversation, I mentioned to him that I am aware of private individ...
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All of our rental agreements are month to month. To incentivize people to stay longer, we charge a move in fee that can be added forwards the refundable deposit if they stay over a year. Example: rent is $1000, move i...
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Hi,A turnkey company is pushing me into immediate action. I never bought a turnkey. I checked the prices of houses on the street my future property will be and all prices are 10 or 15 thousand less than the property I...
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Hi all, I am thinking of trying the lease-to-rent business model as advertised by Brian Page and I had a tax question. Can you deduce the amount you pay as rent as a business expense? So say I rent the property for $1...
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Could use some assistance with understanding financing:I am looking to understand how a short term home equity loan would work...I recently went to the bank to ask about it, but want to understand the numbers. I own a...