So, I've been listening to the Bigger Pockets Podcast for two months, reading books, posts, going to REIC meetings and analyzing deals, all in an effort to make the 'best offer' and close the 'best deal', on my first...
So I’m wondering if Converting my three family “college house” into a two family is an unwise choice. In reality the home functions as a single family however for building code, reducing the three family into two woul...
Hi,I am the owner of a multi-family property. Each unit is provided two off street parking spaces. Last year one of our tenant to asked if they could put a small landing in the backyard, as a little patio area. We sai...
Hello,I'm not really sure if this is an appropriate place to post. About 6 months ago I bought a 2 bedroom, 1 1/2 bath, two-story home with 1100 sqft.Both of the bedrooms are fairly large and the "master" has two larg...
I own two properties where I live. I may have to move to another state where I have a property there.Do I have to do a 1031 exchange to not pay taxes or can I just sell and buy within the required time frame?Both prop...
Hi BP,A deal that I'm currently working on has the potential of involving 2 separate partners, not including myself. One partner would front cash for renovation, and the other would front the down payment. What are so...
A friend of mine has just inherited a house along with his two younger brothers.
They told him it would be wiser to wait until probate before selling the house. His two brothers are 18 and 21 and want to live in the ...
Loan officers lately tell me one thing, then call back "oops, I was totally wrong, the underwriter told me something else..."
Anyway, I'd like to get a straight answer from BiggerPockets:
I've owned/rented one SFR f...
Hello! I currently own one long term and two short term rental properties. I'm working on getting a third STR but struggling to find a lender that will use STR income towards the mortgage application, therefore making...
Hello All,Good News:After some minor setbacks, including an AC leak in the attic that ruined a 5'x4' section of my ceiling two days before we were supposed to list on MLS, my first flip in Houston hit the market! I re...