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I'm facing challenges with my home insurance for my Airbnb property near a national park in California. My current insurer is refusing to renew my policy due to fire hazards in the area. After contacting four insuranc...
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Every calculator has stuff that seems irrelevant or is not true to the situation. My purchase price was over 20 years ago, I do not remember closing costs, have refinanced twice at least and I have been renting it fo...
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I'm a little confused on how to calculate the DTI ratio. If a rental property is in your name, and let's assume that 75% of the rents offsets the PITI but you have no cashflow. Let's say you want to go out and get ano...
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After 3 days of nonstop networking and 2 days of nonstop learning, I'm exhausted. That said, my adrenaline is flowing like crazy! The BiggerPockets Summit was absolutely incredible and unfortunately, we didn't have t...
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Elderly woman in her 80's needs to remodel her 2 bathrooms. A representative from Kohler came out and gave a bid of 38k for new showers which does not include any other work like new flooring, vanity and toilet etc. T...
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BP Nation,From what I understand, the Dodd-Frank Act mainly effects the seller when it comes to a "seller financed" deal. Are there any impacts on the buyer? I will be targeting "100% seller financed" deals this year ...
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If you are truly a passive investor, I'd love to know what you wished you'd known before you'd started. I don't know what I don't know right, and I'd really appreciate the feedback, both for me as an investor who is ...
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Ever since becoming a landlord, I have struggled with the concept of rent increases. The short story is I haven't done them. The longer story is that is coming back and biting me in the backside now. Expenses have gon...
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I'm currently looking for a realtor who understands the investment side of real estate, and I'm talking to 2 or 3 of them. Is it unethical or in poor taste in any way to go on a first round of tours as an "interview" ...
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I have located a property I would like to purchase as a 2nd home. Seller owns home free and clear and may be willing to help finance.
Sale price of the home is 520k. I know the market well and don't anticipate an...