Ram Chandrasekaran
Renting my House - General Suggestions requested
Team
We have decided to rent our house (that we live in) and move to South Bay in CA. We are planning to rent a house there and NOT buy one. Well, thats the discussion I had with Wheatie and Christian. Anyways, have a...
Cameron C.
Committing Mortgage Fraud via Househacking Strategy
Hey BP,I'll try to keep a long story short. Currently about to purchase a 4BR 2.5 bath single family that I rent in Pittsburgh and turn my 3 roommates into tenants. The advantage of this is that it will continue to ...
Jason Schmidt
What is considered Financial Independence?
I was thinking - is financial independence acheived when you have enough property to produce rent that will cover all of your monthly expenses, and then have some to put aside in case something happens. Is this right...
Rob C.
Would you buy a quirky property like this?
I'm curious what the biggerpockets community here thinks of quirky properties like this one:
youtu.be/KnGzTe-CaYQ (video tour captured by GC)
Quirks & problems include (but not limited to):
-exposed (and unsigh...
Douglas Brown
Burglary at tenant turnover
I'm a relative newcomer to RE investment (2 years, 2 properties in Indianapolis) and this was my first tenant turnover. When the contractor went to make his final inspection of the turnover repairs (nothing major ~$2...
Andrew Pandolfino
URGENT: First Time Flip - DISASTER - pipe burst water damage. Please offer advice.
I am new to BP and real estate. A friend of mine who has not yet joined BP and is also new just completed construction on his first flip a couple of weeks ago. Last night he checked on the house and walked into a di...
Shawn Davis
Getting Ready To Quit the W-2 and Go Full Time REI - What Are You Doing For Health Insurance???
Hello All -We are about a month away from getting completely out of all W-2 employment and going full time (hubby & I) in REI. We have been thinking about this for a while and feel like we are in good shape to do...
Melissa Villegas
URGENT: Tenant wants out of lease, threating lawsuit
Hello BP friends,I'm in a pickle. The tenant wants out of their lease at no cost to them. They said they are afraid of mold from water seepage and are threatening to sue if I don't oblige. What would you do?Background...
Nelson M.
Owner-occupied Triplex Analysis
Hey everyone,I wanted to post my analysis of this potential deal to see if I can get some input on it from the veterans in case I'm doing something wrong. This is a triplex I want to move into for about one year to sa...
Donna Anderson
Van was towed
Our van was towed at our expense from common parking. In the bylaws it states that a vehicle MUST be moved within 24 hours or it will be towed. In the beginning of the week my husband got the flu. For two days he d...