Trey Holloway
Financing and Down Payments
Hi everyone. I am taking the plunge on my first STR. I've been checking markets and have honed in on a particular market. I have a realtor I'm working with who focuses on STRs. I'm now looking at the financing. My rea...
Gustavo Nascimento
What is an acceptable response time for a CPA to prepare my tax return?
Hi there. I know this question is vague, so here is the sitiluation: I hired a CPA well regarded and very active here in BP, in January, to prepare my 2023 tax return. I paid for a cost seg study on my only str proper...
Talley Haines
Insurance policy question.. How much insurance should I get?
Need some advice when it comes to insuring a rental property... I have a rental that would probably sell for around 200,000 if I sold it right now but my plan is to keep it and rent it out. Would it be a bad idea to...
Jacob Holler
Multi family investing legal questions
Hello Everyone, I am relatively new to the bigger pockets forum and am hopeful for some advice on an upcoming multi family investment I plan on making. Background - I currently own 3 rental properties and am looking ...
Kris Mead
Investor loan conventional financing rates post 4/1
Has anyone gone for financing post 4/1? I just went for a pre-qual letter from one of my lenders and he said he was getting quotes at 6.5% for a 30 year conventional earlier in the day for another client and he could...
Cameron Moore
Is Your Roof ACTUALLY Covered On Your Insurance?
Obviously everyone knows that the roof is included in most policies with the exception of Wind/hail Exclusions but are you aware of your deductible? ACV or RC? A new roof can cost anywhere from $9000-$30000 depending ...
Matthew Banks
How to manage expenses across multiple properties, LLCs, partnerships, etc.
Hi, we manage properties in a partnership and in a couple LLCs. We have Lowes and other accounts to purchase materials for repairs or renovations. Those expense accounts need to be paid with funds from the correspondi...
Kelly G.
RE agent and inspector responsibilites/liabilities to buyer
This is a long post - thanks for your time! fyi: house purchased in COI recently purchased a HUD house through an agent. I bought the house w/o ever actually seeing it. Never had a 'buyer's agent' agreement - not s...
Parker Smith
Want to sell home 4 months after buying it and breakeven
My brother recently bought a 1.1 million dollar home in Austin Texas to personally live in by himself, in a multiple offer situation. The home sold in 4 days.He has been in the home for 3 months and realized it is too...
Eli L. Ku
How much time can or should i refinance per year??
I was wondering about hard money lending then going back to get a refinance through an actual bank?? I now this strategy was talked through the book, but how many times a year can you refinance without actually hurtin...