Eric P.
Capital required at closing? Closing costs, taxes, etc.
I bought my primary home 2 years ago and I just cant remember all that's required.We're looking at houses around $100k-$125k, I'm estimating everything high so 5% for closing costs, I've factored inspection cost, 15% ...
Tony Pragosa
First House Hack – Deal Advice!
Hello BiggerPockets community!
I just recently joined, and am new to
the real estate investing field. I'm a first time home buyer, and looking to purchase my first multi family unit building. I do have a
few ques...
Jorge Abreu
Determining your in-place expenses 🫰
A property's operating expenses are those that it incurs on a monthly or annual basis and are considered regular and continuing. Expenses like this include things like property taxes, insurance, maintenance, administr...
Nick Contristan
owner financing - advice needed
My agent has come across a home that the owner wants to sell. It's currently rented to a couple that really like the home and would like to continue renting. The agent says the owner wants to sell the home for $50K ...
Kevin Dang
Kinds Of Life Insurance Available
Life insurance coverage is considered a crucial foundation in any personal or household's financial planning. For many people and households, life insurance coverage is a very crucial method to secure their family in ...
William C.
$10k in water damage caused by tenant. Advice on how to handle.
We own a SFH long-term rental. We self-manage. We have good tenants in there entering year 2 of a 2 year lease. One of the tenants hung a picture on a wall, puncturing a water pipe. There was a leak and about $10k in ...
Shamit S.
Risk management question. Add spouse's name to the title?
Hi all,Have first investment property under contract (hurray!), with a loan approved in my name only. From an estate planning perspective, I've been told that its better to have both me and my wife's names on the titl...
Brian Gibbons
Small Landlord: Set Up an LLC or Not?
Hi guys,My wife and I own two rental properties and are planning to acquire more, and have a question about the pros and cons of setting up an LLC esp from the tax and liabilities side. Here's our current situation:1....
Ryan Chaney
Umbrella Policy VS LLC
Hello there, New to rental investing as I move towards my second property. I know I need to put something in place to protect myself and a prior post brought up umbrella insurance policies as a better alternative to a...
Ardijan Has
Assembling a team
Hi all!
Soon enough I will probably pull the trigger and buy a MF property so Im trying to get the fine details ironed out before I hit the ground running. Who would you guys think are the necessary people when asse...