I just closed on a Fourplex 4 unit in Indiana for a guy in CA who paid $355K.

We bought 1.5 acre of 15 acre land which was in agriculture tax exemption in middle of this year. how can we continue to get the same agriculture exemption for this and next year. we had calculated the maximum tax as $100 for the entire year during the closing due to agriculture tax exemption and have prorated accordingly for our 1.5 acre.

Any suggestions for what coverages need to go into the property insurance policy? 

I’ve been listening to the Bigger Pockets Podcast for about two months now and I feel like I have learned so much already.

I followed BP for a while and decided it was time for me to jump in this forum.

@Shane O'NeillCheck out the median incomes for the areas you are looking at in East Knoxville.

City permits for this are way harder than most people think and most neighbors in a residential area will NOT want this next door to them (NIMBY).

With that being said, in Rochester, you have the opportunity for good cash flow, as many investors look over here.

Thank you for having me!

The house has a bit of potential for rental as house Hack as we are planning to live in the upper part and rent the basement.My questions is, is that possible to convert the basement into 1Bed 1Bath, with over in the kitchen and shower?