Greg R.
Dispute between tenants regarding security deposit
Hello BP,
I am no longer managing this building as I passed it off to a PM. However, I became aware of a situation the other day and I'd like to get your take on it. The situation is that two friends rented the unit,...
Ade Adesuyi
DDo I tell Bank about HML on property I want to Refi with???
I’m hoping someone can give me a clear answer on this. I have a SFR that I’m starting a cash out refi on. I bought and fixed the property with a HML 9 months ago. After submitting documents to my loan officer, he e...
Christopher Tom
Buying a home with an ex to pass on to our children
Hello, so I've been talking with my kids mom about purchasing a home, with the intent on passing it down to our children. I'm not sure if this is a thing that people do, but I figured that I would ask. Would we just...
Jesse Lopez
Second opinion needed: Should I build a small apartment complex??
Good evening everyone,My two eldest siblings and I are thinking of joining forces to capitalize on approximately 8K sqft of land behind our mother's home. We've talked about doing something with it for years, but our ...
Maria Vogel
Trust
Do you all have a Trust that owns your rental properties? I have an LLC-but have not switched the homes into the name of the LLC. I feel lost on how to do this. I have called a lawyer wanted to charge me $1200 and wou...
Andrew Taylor
Rules of Thumb for Land Development Costs?
I'm in the early stages of an investor pitch for a small, niche community in the Houston area. I *know* this is a loaded, hard-to-answer question, but I need some input re: what to estimate for what I would call "lot ...
Anna Sam
Just found out after an issue with water heater that water damage not included in my insurance. Please help
hiJust had an issue with a water heater at rental property and found out that water damage not covered with the insurance policy for my rental property.I am not very happy with the current Insurance agent since he did...
Colleen Sheridan
Helping a tenant in a foreclosed property
I am trying to help an elderly (70 year old) gentleman purchase the property where he is a tenant. He has lived there forever and did not know the property was being foreclosed until a truck showed up one day to tell...
Jose Campos
Tenant Received Orders
My tenant received their orders recently. This is a first for me. Can they just break their lease and move out since they are being relocated? Does the military pay their remaining lease or how does this work? Please ...
Uchenna A.
Trying to buy a foreclosure that has liens (car dealership also)
Hello Biggerpockets Family,I am trying to buy a house in an auction and I see the house has a ton of lien (including a 40K lien from a car dealership). My question here is - if I win this property and get a "Special W...