Jake Thompson
Bookkeeping While House Hacking Plus Book Recommendations
How would you recommend keeping the books for a property you are house hacking, aka living in one unit renting out the other? I have a separate bank account which I collect rent from my tenants and then I deposit my p...
Lana Nelson
Advice for disabled recently divorced person
Hello!My mom recently got divorced (August 2023) and is looking at a 260k for her share of retirement account, debts of about $50k ($30k owed to parents who helped with legal fees, $6500 owed to sister who also helped...
Derek Luttrell
Tenant vs. Owner-Paid Utilities
Hey Everyone, I have pre-approval letters on a duplex and a triplex, and on the triplex, the owner pays all the utilities. The triplex is listed for $95,000 and brings in $2500/,month in rent, while the duplex is list...
Parteek G.
Are parents a househack?
I am currently purchasing a house and my parents are going to live with me. The mortgage will be ~$1,700 and they will be paying me $1,300 monthly. How can I leverage this situation to buy my first rental property? Re...
Steve Rozenberg
Cross Your Fingers that They Pay the Rent
Is There Really a Way to Make Sure that the Tenant You Chose Will Pay the Rent?
Matthew Lahickey
Need help on ARV for multifamily
Hello,As I am researching multifamilies I am finding most sellers seem to understate their expenses in order to elevate their properties value. When determining an accurate ARV do lenders appraise based off the 50% r...
James Lehmann
Taxes for marketing and guru costs
Quick question to those who know the answer. I have heard many different responses, so id like to see what everyone thinks.
I have spent roughly 22k this year on real estate related expenses. 15k on 2 credit cards fo...
Michael O.
First Time Investor Looking for Advice
I am looking for advice on a potential first time investment property. I am located in the Los Angeles, CA area.
The property that I am looking at is a duplex (zoned for three units - third unit could be built in the...
James O'Connor
My first purchase is in the works! Just looking for confirmation
Hi bigger pockets family,I have been searching for a property for a long long time. I finally found one where I've made an offer and the seller accepted (a few days ago) I just want to double check that you guys think...
Chad Price
Best way to purchase furnishings for vacation rental
Any suggestions on which method is a better way to furnish a rental property? I am debating whether to use a dedicated business account that is funded to ensure proper tax records vs using a personal credit card so I...