Jaedon Stout
Hey Everyone, New to BiggerPockets! Expert advice needed
27 December 2024 | 2 replies
For us we all typically use 0% business credit cards to furnish the property which can amount to $40-$60k+ depending on how crazy you go.
John Underwood
No tax on Tips for Rental Income
31 December 2024 | 12 replies
Then it could potentially be legal depending on how it's worded.
Kyle Biggs
What should I do
3 January 2025 | 12 replies
With all of that in mind, I think it would really be dependent on where you see that specific market going.
Tiffany Alfaro
Preparing for Real Estate Investment: Savings, Expenses, and Side Work Opportunities
13 December 2024 | 7 replies
If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.
Robert Lindsley
Tenant with two pitbulls
6 January 2025 | 25 replies
Which means you are now liable for anything they do.So, time to give the tenants notice to get rid of the dogs or move.If you have them on a month to month rental agreement, you can just give them a 30 day notice to move (or more, depending on your jurisdiction).
Kevin Collins
REI Nation Experience
31 December 2024 | 32 replies
<<< Correct here as well, again this is tradeoff, it all depends how hands on or hands off you want to be.
Paul Gupta
Contractor licensing requirements in DC / Maryland
29 December 2024 | 2 replies
You’ll want to check if your specific work falls under their home improvement contractor licensing, or if there are additional local permits required depending on the county.
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
It's worth comparing terms between your current lender and others to see who offers the best deal in terms of rates and fees.Purchasing a Property: Whether you purchase through regular listings, an agent, or an auction depends on your risk tolerance and expertise.
Kenzer Hodgson
LLC or Umbrella policy
8 January 2025 | 14 replies
NOT a Quitclaim Deed, because Quitclaim Deeds do not fully warrant the rights and covenants of property as does a Grant and/or Warranty (or equivalent depending on state) does.
Vidit Maini
Starting my small business
2 January 2025 | 14 replies
Because (depending on the business), they may not be necessary.What are your goals?