Kevin Chan
Concerned about buying OOS and rental staying vacant
Hey BP, I joined very recently, but I have been interested in purchasing some rental properties for a long time. Because of the low ROI in California, I have been looking into out of state properties.
Many of the ...
Carolyn Morales
Mortgage terms, 10, 15, 20 or 30 years and why?
For Mortgages, including Primary Residence and Rentals, Do you choose 10, 15, 20, or 30 year terms and why? We tend to go fewer years, with the mind to pay down principal faster and so far all are buy and hold, with ...
Allen Tracy
HELOC and Turnkey Investing Advice
I'm a real estate investment newbie living in Los Angeles. I currently rent my primary residence to film crews which pretty much covers my mortgage. I've paid off about 50% of my home and have around $400k in equity...
Nathan Shankles
The 2% rule - how close do you stick?
I bought my two investment properties about 8 years ago and at that time hadn’t heard of Th e 2% rule. When I recently learned of it, I went and did the math. Each of my properties falls between 1.3 and 1.6%. I’m wond...
Hunter Harms
Creating a design guide for contractors?
BP! Here is the situation:I am a first time investor and and am looking to purchase a foreclosure to rehab and resell. I have been really working on creating my systems to ease the process of a flip, as well as set up...
Dominic Scatto
Training Tenant/Constant Late Rent Payments
Hello Fellow BP'ers!So, I've been renting to the same tenants going on 3 years! Exciting, yes. Everything has been fairly uneventful with them - except for having to replace the whole HVAC system the first summer they...
Nick Winikoff
Will companies with the Airbnb model move into the mainstream?
The popularity of Airbnb is not to be denied, but will it stay as the only major short-term rental company in the United States?
Sal Zafar
Which is better Lowes or Home Depot
Hi wanted to ask if there is any preference for major rehab - which one is better Lowes or Home depot. Spending about $10k for small rehab. Or, is there any other place where we can get cost effective materials. Thank...
Susanna Carbaugh
Illegal in the State of Colorado?
Hi all, I'm learning and have not done any deals yet; however, I was chatting with a friend who says that what I'm being taught is illegal in the State of Colorado.Here's one of the approaches, maybe someone can help/...
Qi Ming Chen
Strategy for $750,000
I am in the early stage of selling a multifamily with a net proceed of around $750,000 in a 1031 exchange looking for passive investment strategies. The OC market where I live seems very competitive and I was wonderi...