Fareen E.
Refusing a Tenant Prospect Before Showing/Application
13 January 2025 | 31 replies
What rentals are not subject to fair housing law?
Allison Park
Expectations of Investor Buyer's Agent
6 January 2025 | 15 replies
Most are very much on the market and subject to bidding.
Chris Lo
Platforms for landlords
7 January 2025 | 3 replies
They can't assess all the subjective data like overall layout, view from the living room window, the dogs next door that bark all day, the width of doorways, size of individual rooms, quality of kitchen cabinets and appliances, etc.The best thing to do is study your market regularly.
Brad Kanouse
IRA funds as down payment
20 January 2025 | 18 replies
@Brad Kanouse,I believe this is a duplicate of this post:https://www.biggerpockets.com/forums/311/topics/1210256-usin...But regardless, here is my answer:If you take a distribution from an IRA - it will be subject to taxes and penalties.You can convert your IRA into a "Self-directed IRA" and have the IRA buy the property, in this case you are not the owner, the IRA is.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
Hard to produce cash flow or break even with that much debt, at that rate.House-hackers, however enjoy certain one time (non-scalable) advantages that should be taken advantage of in the early days: - They can assume pre-existing debt like VA and FHA Loans (rather than take it on Subject-To which is dramatically riskier).- They can rent by the room and self-manage to produce day 1 cash flow.- Many of these HCOL areas also have strict limitations on AirBnB or short-term rentals... that do not apply to owner-occupants - thus allowing for extreme cashflow potential for house-hackers.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
My job is our sole income and I get relocated for projects frequently so any property would have to be managed remotely (willing to invest anywhere in the states).Given the our situation above and our long term goals, I feel best next steps would be a heavy emphasis on networking and deal analysis.
Stuart Udis
What language was added to your lease in 2024?
30 December 2024 | 7 replies
The tenant frequently informs me the interior temperature only reaches 68 degrees.
Sean Gammons
How to buy two rentals in one year?
16 January 2025 | 17 replies
https://www.biggerpockets.com/...12 Frequently Asked Questions (And Answers) About DSCR Loanshttps://www.biggerpockets.com/...8 More Commonly Asked Questions and Answers to DSCR Loanshttps://www.biggerpockets.com/blog/eight-questions-and-answe...What Documents Do You Need for a DSCR Loan?
Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
19 January 2025 | 9 replies
That is subjective though - I just advise my exchange clients to understand that number and understand their exposure.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.