Christopher Labonte
Where to find good (coin operated) Used Appliences
Hey all!So heres a little update on my property-- Its now fully occupied! Only took 4.5 months, but not once did I have to pay out of pocket to own that property. But now that its full Ive run into a problem-- Laund...
John Winters
FHA 203K: Single Family to Multi-Family (Usage/Zoning Change)
Greetings BP,I have been searching for my first multi-family property for nearly one year. I come across large single family residences in high-renter, multi-family areas. The renovation cost, particularly to put in...
Seth M.
Assuming Senior Lien After Trustee Auction- California moratorium
Hello I recently purchased a property at a Los Angeles county trustee sale via the 2nd lien foreclosing. Title has been perfected and 3 / 90 notice has been served to the current owner. I am in contact with the senior...
Daniel Dietz
Can a SDIRA "Lend money to an LLC it is part of"?
Hello All, I am *thinking* that this is a prohibited transaction, but thought I would check here and get some feedback. I was researching methods of partnering outside of SDRIAs and came across this idea. Say Partner ...
Andrew Futty
How to use an FHA loan on my second house hack
I purchased my first property as a house hack a little over a year ago using an FHA loan, and now that I've met the residency requirement I would like to move toward purchasing my second house hack property.
I need ...
Josh Gangi
Is HOA insurance enough?
I know with my monthly HOA fee there is some sort of insurance included. Is there any additional insurance I should have ? The unit is currently rented so I don't believe I would need "homeowners insurance". But in th...
Jalen Leichman
FHA House Hacking with A Roommate?
Hello,
I'm about to close on my first rental property in a couple weeks in Milwaukee, WI, using an FHA loan. It's a duplex; 2 Bed 1 Bath in each unit. The Bottom unit is currently occupied (renting at $700), and I wi...
David Luhman
Inherited Single Family Property... now what?
I inherited a single family rental property (no mortgage) with $1,600/mo cash flow. I was using the rental property calculator to evaluate my property if I was buying at market value as a rental property... the number...
Ian Jackson
Vacancy in rental properties
hey guys, when you guys do a house hack or purchase a rental property, you obviously have debts you needy to pay off like that mortgage. But if the banks lets you use the income you get from the property, and there ha...
Cameron Moore
Is Your Roof ACTUALLY Covered On Your Insurance?
Obviously everyone knows that the roof is included in most policies with the exception of Wind/hail Exclusions but are you aware of your deductible? ACV or RC? A new roof can cost anywhere from $9000-$30000 depending ...