Account Closed
Rehab Deals in the Bay Area, California?
I know a lot of the people on this forum always push for the purchase price o 70% ARV minus repairs/fees. But I live in San Francisco and it seems that fixers in the Bay Area still sell for very close to the market p...
Kristen Haynes
How To Avoid Capital Gains Taxes On Your Personal Home Sale
The laws haven't changed since 1997- and your personal home 'tax exemption' may be over the limits, due to years of appreciation in the real estate market. I found this excellent article this morning- folks in high-ap...
John Campbell
is an interest-only loan a bad idea?
Hi everyone,I have been on the forums for awhile doing research and I feel that it is time to get my first investment property.I am targeting a duplex in the East Bay and my agent/loan officer has come up with some cr...
Bisrat Arega
COC in king county WA
I'm confused about the numbers. Specifically, what a reasonable COC ROI for a first-time buyer? I'm not handy and cannot take on a massive rehab. It seems like if I buy at the retail price my COC return will be negati...
Shawn Nofziger
Real Estate License? Yea and nah?
Hello,I am JUST getting into this and was wondering if there is an advantage to getting my real estate license or do most people do this without one? I don't want to go through with getting one (which I wouldn't mind...
Bob Willis
DSCR for acquisition of existing PadSplit
I am interested in talking to someone about the process of funding via DSCR the acquisition of a property currently being run as a PadSplit. The plan is to keep operating the property as a PadSplit post-acquisition. W...
Jill F.
Rent and Covid-19-our letter to tenants
Below is the email that we just sent out to our tenants. Keep in mind, most people don't pay rent just because they fear eviction...Most people pay their rent because they are honest and they honor their contracts. Yo...
David Czech
Should I be doing something with reserve cash I get from rent?
This might also be a bit of a personal finance question as well but wanted advice. Is there a set amount I should have in reserves to feel comfortable in case something catastrophic happens? I'm a bit paranoid so righ...
Diana Costta
Having a hard time finding tenants for my rental my unit.
Dear BP investors,I have a duplex in Ohio and I put an 1/1 unit on the market for rent. It has been on the market for more than a month, my PM told me to consider decreasing the rent, but I see competitors in the area...
Justin Silverio
Not paying a realtor?
I got a call yesterday from a homeowner who wants to sell their home. He owns the property free and clear and is willing to sell it to me for $60k. Unfortunately, the property is currently listed with a RE agent (li...