Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
The second-floor tenants stayed (they’ve been great tenants), but the third-floor tenants refused to pay the increase.Spring: Turnovers and Learning ExperiencesAs spring rolled around, I turned my attention to getting the garden unit rent-ready.
Robert Ok
Does This 2015 Book Still Have Current Info (The Book on Rental Property Investing)
16 December 2024 | 5 replies
I was merely browsing Amazon and saw quite a few that grabbed my attention.
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.
Rene Hosman
How much time do you spend prepping for taxes?
14 January 2025 | 28 replies
I have already received my preliminary documents from her for my accountant.
Jacob Anderson
Is it foolish to use a HELOC for a down payment on a rental property?
6 January 2025 | 11 replies
The advice I have received is that HELOC’s should be used for short term loans only with a definite plan to pay it off.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
On most small MF that get listed for sale, the owner lost interest years ago and management attention is in a steady decline until something triggers the sale.
Yianni Hahalis
First Time Real-Estate Investment
26 December 2024 | 7 replies
Is there any advice that I could receive in this being my first-real estate investment?
Darius Tuy
Hi there, just a 19 year old Real Estate Agent based in Stockton, California!
28 December 2024 | 1 reply
If you see someone violating the rules, create a post with "@moderators" and we will receive a notification and respond.Again, welcome to BiggerPockets and happy investing!
Mark Forest
Syndication capital calls
14 January 2025 | 37 replies
Either you don't know why because you have your head in the sand and haven't paid attention to their communications or they are trying to hide things from you.
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
23 December 2024 | 12 replies
Aren't you glad that some antisocial media influencer brought this "tax strategy" to your attention?