Peter Stur
Challenges with financing more than 6 rentals
Last year I switched from the fix & flip method to buy & hold (specifically the BRRRR method thanks to the Bigger Pockets Podcast). I am now up to 5 rentals but most lenders are telling me that I will have iss...
Martha Vielma
URGENTLY need help deciphering normal wear and tear
I lived in my rental for five years, seven months. The owner claims he had the carpet installed about one year before I moved in. This would mean it is at least six years and seven months old, possibly more. He asked ...
Elizabeth Perez
Loans for self employed?
Seeking Advice: My husband and I own two SFH and rent them out for $875 & $1000 a month (we sent out $25 rent increase notices last month). $900 & $1025 is our new cash flow not accounting Taxes ($1000 a year ...
Dan Perrott
Indianapolis Landlord Registry now open
Just to let landlords in Indianapolis that the Landlord registration is now open. Here is the text from the Indianapolis Department of Code Enforcement. It is easy to complete. Just trying to help everyone out....I...
Alex T.
When to pay taxes on a flip property
Hi Everyone - I'm looking for some advice on how to report my 2017 taxes as it relates to rehabbing expenses.I just finished renovating a single-family house that I purchased at the end of July 2017. I own the propert...
Carmen Chow
Do you ask for credit/background check for...?
Hoping to get some advice on fellow BP members.I’m planning to rent out a unit for a family of 4. Mom, 2 sons of working age and a 17 yo daughter in school. The combined monthly income for the mom and the 2 sons are a...
Gary Love
5% down then living and buying new place each year advice
First, thanks in advance for any advice. Love this site!! We live just outside of Columbus, OH in a duplex we bought seven years ago. Would like to move to the Jacksonville, FL area. Maybe the Tampa but not relevant t...
Benjamin Barredo
Direct Marketing on a Budget
Okay, so I'm driving for dollars and compiling my own DM list but it's slow and it's going against my personality type. I like results, I like to know that I'm making progress and I've been compiling this list from my...
Brian Rowles
Not sure what to do with this realtor?
I am not sure what to do looking for advice. I bought a house December 31, 2018 from a realtor in Indiana. The house was rehabbed and put back on the market with the same realtor on May 24, 2019. The house was shown 5...
Tony Marcelle
What if credit dispute does not work?
I need to remove a negative mark on my credit report. I went through the WHOLE dispute process a few years back. Nothing happened. What do I do next?