Emmy K.
Closing on first property, 12-plex in 1 WEEK!! Tips prior to taking over!? TIA
My husband and I are thrilled and a bit nervous about closing next week on our first property--- 3 four plex's a mile from our home. A HUGE thanks to bigger pockets for helping us crunch numbers, network and give us c...
David J.
Huge red flag, What do you think?
It's been a little over a year since I first allowed a specific tenant to move into my property. I let her know that enough time had passed and I would like to do the first annual inspection and asked her to provide a...
Steven Mendiola
How Hard is it to Find Tenants?
Hi everyone, I’m looking to buy my first house hack in the Denver area. I’m hoping to buy a home around 500K with 5 bedrooms and renting every room while sleeping in a trailer. Currently a mortgage would be around 350...
Account Closed
What to do with cash flow?
Forgive me if this has been covered elsewhere. I searched but couldn't find the answer to my specific question.
I'm looking to buy my first rental property with a down payment/closing costs from my primary residence'...
Erin T.
Coverting to Legal ADU - NELA
Hello BP commmunity! My family and I live in NELA (Highland Park/Eagle Rock) and have an illegal ADU in our backyard (studio, approx 400SQFT, bathroom, no kitchen). We don't now exactly when it was built but it's prob...
Scott Lewis
Proposed Housing Code Changes in Wilmington, DE
Fellow BP Members,Recently, there were four community meetings to discuss proposed housing code legislation in WIlmington, DE. Unfortunately, I was not able to attend, but am wondering if any of you were and what sort...
Cate Mee
Where to purchase a SFH for "house hacking" in Maryland?
Good Morning BPers, Looking for some thoughts / assistance with an upcoming move to Maryland. My husband and I will be relocating to Maryland (he will be working in Severn/Odenton). We are searching for a good inve...
Vincent Sottile
What do you do for health insurance? FIRE / Quitting your W2 9-5
I'm sure there are articles on this if you want to link them, but I was wondering what the options are. As someone who is considering going full FIRE / quitting my job and doing what is enjoyable, how do people get by...
Robin Olivaw
HVAC replacement in single-family rental - deduct or depreciate?
Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
...
Karen Rodriguez
Attic remodel permit question
Hi Everyone,Newbie question...If I buy a property that has a bonus room addition that was never properly permitted, is it better to just to leave it be or would it be possible to get the space permitted now since I am...