Erica Dike
Design Dilemmas: What's your biggest struggle with designing your vacation rental?
24 January 2025 | 25 replies
Like look for something affordable but has a max weight capacity of 800lb.
Diego L.
Which type of Trust is better
24 January 2025 | 3 replies
@Diego L.That's a loaded question that is difficult to answer on a public forum.
Aaron Wolman
First Turn over
11 January 2025 | 7 replies
Security Deposit: 2600Lease states no smoking/painting walls/no hanging things on wallsTenants have moved out and have left two truck loads of garbage to be removed.Damaged doorPainted walls which got on the ceiling and trim Lots of holes on the walls throughout the houseDamage from windows being left open constantly Weed was clearly smoked in the house (smell throughout the place) so we need to deep cleanWater bill wasn't paid so I had to turn back on utilityMissing keyQuoted costs:$450 junk removal (some furniture)$935 for damaged doors/windows, painting cleaning$30 for utility turn onTenants were only there for a year before moving out so a lot of this is beyond normal wear and tear.
Spencer Cornelia
$50k Loss on First Two Flips | Out of State Investing Gone Wrong
19 January 2025 | 9 replies
But ultimately the responsibility lies in my hands.I jumped on a seesaw of risk hoping that the momentum would catapult my bank account into six figures only to find out the hard way that flipping houses isn’t as easy as I had predicted.This house was purchased for $64,000 with an expected rehab of $100k to $120k depending on how much work the dilapidated and neglected house needed.The midwest is lovely but the houses carry the weight of weather storms nearly a century old leading to more damage than a beginning investor could expect.The appraisal came in at $225k for my lender meaning our all-in cost would be around 85% of the sales price worst case.
Kyler Tarr
Knob and tube wiring
24 January 2025 | 17 replies
In the one house that I still have some existing, it's only on an overhead light circuit with no insulation around it, and I minimize the load on the circuit by using only low voltage LED lights.
Carlos M.
$563,313 paid in interest in 2024
11 January 2025 | 4 replies
But if those payments feel like dead weight, Dave Ramsey’s “debt-free” mindset could be worth revisiting.Here’s a quick story to illustrate.
Chris C.
Anyone have experience with Elite Funding Group LLC
10 January 2025 | 16 replies
Also, as fyi, the load amount is for $487,500 (I'm not entirely sure if that would fall under a large transaction category).Yup I would say there is a good chance that you front the 7500 and don't get the loan..
Daniel LeGare
Hello BiggerPockets! New PRO here
10 January 2025 | 7 replies
I enjoy college football, video games, and lifting weights.
Dean Sexton
New to real estate investing. Quick question
14 January 2025 | 4 replies
By all means give them a note on how to use all of the appliances (eg clean out the lint trap on the drier after each load, do not use dish soap in a dishwasher, change the furnace filter regularly, etc).
Don M.
First time with new construction: Cape Coral, FL
20 January 2025 | 204 replies
"load" of dirt is a little vague. make sure you have cubic yards measured with tickets or ask for them. 6 axle trucks can take 15-18 yards