Lawrence Paul
How long before most banks calculate Net income/loss on rental???
Hello again,So, my current bank requires me to wait a whole year before they calculate net income or net loss on my first rental property.Needless to say, I am not thrilled because I bought undervalue (20%) and forced...
Brian Blahous
1031 Exchange - 3 property rule
I am in the process of a 1031 Exchange. I have a question regarding the 3-property rule. Let's say I identify 5 properties and 1 falls through but I still close on the other 4. Is 100% of the exchange disregarded or...
Nidal Daraiseh
STRs in urban markets
Just curious, I've been focusing my search on a couple of true vacation markets where STRs are the norm. There are some legislatively friendly cities and states in relation to STRs. I was curious whether anyone on her...
Danielle Levins
Property Management Company
Hey BP!! I have a real concern that hopefully you all can help me with. What are the requirements to start a property management company in the State of Florida?? I was told by several people that I needed a Broker's ...
Mitchel Ellis
rental property inspections
Looking at a property in University Heights, Cleveland Ohio and it appears that they require a rental inspection every 2 years ($300 for a single family home and $400 for a duplex). Is this a common occurrence in othe...
Isaac Tamar
ADU hacks for lot smaller than 5,750? Is it worth trying?
Hi all,My wife and I own a 2/1 in Cherrywood (78722 zip code). Our lot is about 5,100 SQF, too small to build an ADU under current regulations. We have heard that it is possible to build a backyard structure as long a...
Jesus Magana
Illegal studios and converted garage/basements risky investment?
Hey Bigger Pockets Community,
Been looking for my first Oakland investment to house hack and I've came to realize that there are ALOT of single-family homes with illegal studio or illegal converted car garages/baseme...
Sheldon Peart
Security Camera Systems
Hello, We are looking to put security camera/system at our properties. We have two 4-plexs side by side, one has 4 separate garages, and the other four spots for carports under the decks. These decks are concrete but ...
Brandon Moore
Nashville AirBNB (new investors)
New to this as well as investing. Long story short a good friend of mine from the Military and I are about to close on our first investment property in Nashville for the use as an AirBNb. I feel like we have done all ...
Bao Da
Loan for a 2-family residential property zoned as commercial
I heard from one lender saying that they would not provide loan for a duplex zoned as C-2B. Is that common?
And any reason for that?Any lender who does not have that restriction?