Hey there,Long story short, I purchased a triplex in Mount Dora, FL. Unit 1 has its own meters, Unit 2/2.5 do not. I didn't realize the third unit had not been permitted and is in R-2, not R-3. Dumb mistake. Someone r...

I have a question concerning a land contract/ subject to deal.I will be proceeding with one of these deals, however, I have a question. She is "selling" the house to me for 75k but currently owes 98k. Essentially, I a...

Good Afternoon everybody! I'm a freshman at Hobart College in Geneva, New York. I've been under the wing of a 7 year real estate investor and I'm just joining Bigger pockets. I would love to meet and chat with local r...

I have a few questions that I figured would be answered relatively quickly here.I understand the basics of an FHA loan, 3.5% down, must live in one of the units, must live there for at least a year, etc. My question ...

Let's assume you are paying 1k a month to rent an apartment. You then rent out that apartment and make 1.5k a month in revenue. Assume you have no other expenses. Now, let's also say you have other rental properties a...

Hi! I'm 16, and I've saved around $25,000 through odd jobs, online work, and saving every penny. I'm planning on house hacking through college (my plan is to get a house, rent out EVERY room, and just live in an RV in...

Random question but I was curious for those with life insurance, is it necessary to speak with multiple brokers?  I went through term4sale which had several brokers reach out to me.  I spoke with one so far and he pre...

hey folks.   Hoping you can help me work through something.   My mother and i would like to build a duplex. We would like to do this as a legitimate business, ie: a partnership.   The current thinking is that she woul...

I hope this makes sense, we have a second home, we have our space upstairs(not rented) and made the basement into a studio STR.We do have an excellent Insurance company for full coverage on the home but they will not ...

Good afternoon BP family!
I apologize in advance if this question seems rather “foolish”. I typically operate within the residential space and have a few rentals. I have turned down a few apartment scenarios becaus...