So long story short, my interest rate has increased on my rental property and my mortgage payment went from $1220 a month to $1969. Tenants pay $2350/mo and after the rate increase, this no longer covers mortgage/taxe...
A couple of notes about the Arizona Yavapai county tax lien sale completed yesterday. Looking at the preliminary results Prelim only because investors have to pay the balance by 5 PM MT time tonight. If they don't ...
There is nothing sane about what you have to be prepared to do in order to make a start in this business. Please take that as a given. The only thing I can fully agree with Grant Cardone about is his statement that re...
OK so going to post as one of the HATED contractors!
First as explained on the podcast there are three tiers of contractors.
The cheap....Probably one guy with or without a license who works for foo...
How’s it going BP,To get straight to the point with this post before I backtrack, I have decided that it is the right time for me to start investing in multi families and my goal is an apartment with a minimum of 5 un...
Hey Guys,I have noticed that the closest meetup events for The Greater Los Angeles Area are always in Riverside. I want something closer to my areas of operation (military term) and I have found 2 locations I can use....
Hi Everyone! I’m new to RE investing and hope to get some advice from local experts here on the best way to do house hacking or rental investment in Pasadena.
Why Pasadena, you ask?
My current job is in DTLA, so t...
I'm sure all the "flippers" out there read the subject and said, "That's not true!". I would say it all depends. The reason I'm writing this is because as I was speaking with a "short sale expert", she informed me t...
I received a question about profitabilty of being a PM. I thought about it. I've had PMs at times 10% of rents. I'm thinking around here average rents are probably $500, that's $50 bucks plus first months rent.
$110...
Hi BPers
I bought and completely remodeled a building with three side-by-side, 2 bed 1 bath apartments and one small, 2 bed 1 bath house on ~1.5 acres in Ojochal, Costa Rica. I added a pool and did some landscaping a...