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Hello Bigger Pockets Fam! I finished a new built ADU in November 2023. I also fully furnished it and had it listed and rented as a midterm rental. I also live in the primary home and this is the first rental I own. I ...
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I am renting two units (1 basement and 1 side unit) in my primary residence. I have home owners insurance should i buy another landlords policy as well? If I am house hacking then what should be the insurance. Note th...
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Hey all, I have a simple question.
I want to purchase an REO as an investment property but I'm not sure of the process. Do I need to be sure to tell the bank that it's going to be a rental or does it matter? I plan ...
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I came across this loan product and was wondering if anyone has or is currently using it. It is basically taking your mortgage loan and having a 1st lien on it and it’s essentially a line of credit on your mortgage bu...
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Hi everyone, i am researching creative ways to get my first rental property. I have a W2 job that would take me about 1-2 years to save up for a downpayment on a 200k home in charlotte. But that would take such a long...
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Hello everyone,I currently live in Houston, my lease is up in february 2016 and my wife and I plan on making a move before then.We do not have 20% down for a place that we would like to live in (2 bedrooms) which woul...
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Hi all,
I'm new to BP and recently purchased an owner-occupied home. It is my understanding that I have to live in the house for one year before I can rent out the whole house. My question then is:After the year is u...
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Firstly want to thank this community and forum, I've found myself being directed back to it a number of times as I've been digging around the internet for information. I realize my situation is a complex one, and I'l...
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I've been watching my local rental and housing market closely over the last 6 months (btwn Den and CS) and can't help but get the impression that there may just be a temporary investor/rental glut at this time. I'm se...
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Hello Friends,
I am toying with the idea of renting out my home for a year, either as a traditional rental or an Airbnb. During that year, I would live in an apartment. The goal being to create income history so that...