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Hi BiggerPockets community! For those landlords requiring renters to carry renters liability insurance, I am curious what you require in roommate situations (unrelated occupants on a joint lease). Do you require all ...
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I'm looking to optimize my tax situation, as many states offer tax breaks for "homestead" residences.However, I have yet to see a formal definition of what a homestead actually is.To qualify as a homestead, do you nee...
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One thing I'm trying to understand before doing my first raw land development - subdivision deal is at what point in the process are you first allowed to sell the lots. That seems like it would be an important factor ...
Hi,
Is there a limit to the number of mortgages that one could have as an individual investor ? In addition to my primary home, I own other (5) rental properties. I am looking to add more but I am being told that I e...
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Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution. Successfull...
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Does anyone know anything about the city’s Open Space Impact Fee Ordinance and the City Space Plan?More specifically, code section 16-18-070 seems to indicate that it may be possible to get this fee waived if the area...
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I would like to know if my understanding of hard money loans is correct. Based upon the definition of a hard money loans from wikipedia, it is a loan that is secured by the real estate and not the person borrowing the...
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I have heard that it is tough to get financing under an LLC and to borrow as an individual. Is this true? Can anyone shed light on this?
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I have several students interested to rent. Their questions are:1" In regards to prohibited flammable materials, propane grill is ok ? What about household chemicals which are considered toxic or flammable , will thes...
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Hello all! I'm getting ready to start flipping houses and I have a few newb questions for you all.I've been looking at using either a line of credit or a fix and flip loan. So far, I'm leaning more toward the fix and ...