Nicholas Stevens
Condo-izing a 3 family
Hey guys - I bought a 3-family last October FHA, 3.5% down payment and was recently kicking around the idea of condo-izing the property and selling the best unit in the property that is completely renovated. I obvio...
Sylvia Castellanos
"Real" lot minimums for a lot to be buildable in Memphis?
This is directed at people in the Memphis, TN, area. I am considering buying two or three lots inside Memphis that are about 0.17 acre. I looked up the lot minimums for Shelby County, and these seem to be 15,000 squ...
William B Wood
Renting SFH by room to college students - 5 unrelated people rule
I'm looking at getting into renting SFHs to college students in AZ. I know there is a rule about no more than 5 unrelated people living in the house but I'm not sure how to interpret this. Does anyone have an understa...
Diane Bartley
Newbie from Northern VA, looking to invest in Louisville, KY
Hello BP community!
Who I am (& Why I am already a Big BP Fan)
I am Diane Bartley: work in IT by day, chase an almost 3 year old child during the evenings, and during the later evenings have started...
Curt Beilke
Rules of thumb
Hello,This is my first forum post. I live in Hayward WI. I'm a newer REI. I have spent last few months education myself via REI books, videos and podcast's, most of which is via this great community of BiggerPocket...
Christy Philippoff
Advise on the new Trump laws
Does anyone know if the new ruling will include the change from 2 years to 5 years of homesteading a property to avoid capital gains? Is there a "grace" period? If it does pass, what would be some of my options? We...
Sandra Cressey
Florida law on condo rules for rentals
I was reviewing the condo rules for a condo I am planning to buy as an investment, and it says that owners are not allowed to rent units to tenants with children under the age of 18. Basically, no minor children of ...
Cody Stegeman
Accounting question about the 2 in 5 rule
My cpa had a mental breakdown and I am trying to get a question on the 2 in 5 rule on a place I'm looking to sell. I'm in MN. How does the 2 in 5 rule apply to multifamily? Which part is exempt? If part of it is susce...
Alex Persons
STR Duplex in LA County/Highland Park
Looking for information around STR rules and duplexes in LA. I live in one side which would be my primary, but does anyone know about LA STR for the other side? Wondering if it falls into the 120 day exemption rule si...
Brent Tarnow
PMI Calculation on BP's Rental Property Calculator
Hey BP, I'm doing some analyses on multi-family buildings that I'd like to finance through FHA as an owner-occupier. In the calculator, I don't see anyplace to reflect the PMI. Am I missing something? Or does someon...