My partner and I are currently working on a triplex but I am having some difficulties justifying everything because of the SOW. The Triplex is in pretty rough shape, there are two units which are stacked (upstairs and...
Hey there!All our policies (personal residence, auto and our rentals) are with Liberty Mutual.We filed a water damage claim at our residence after the flood in our 2 bedroom 1250 sq ft house 1.5 weeks ago, and it's be...
Hi all ,Our downstairs tenant reached out because their bathroom ceiling had water damage and was leaking, come to find out the upstairs toilet has been loose and leaking which we were not aware of unfortunately. My ...
Let’s look at the great tax advantages of investing in multifamily real estate. These benefits fall into five main categories – Depreciation, Cost-Segregation, Passive Income Tax Treatment, 1031 Like-Kind Exchanges, a...
Hi BiggerPockets,
I am new here. I randomly have read a few forums. I briefly read BiggerPocket "Free Beginner Guide". I also listen to a few PodCasts, while on the road. They are fun and awesome.
I jus...
Hello all, my first post here. Tried searching but couldn't come up with the answer I was looking for. First im looking for an opinion on the legality of my late fee clause pertaining to charging a 5% late fee for 1) ...
I just had an offer on my first property accepted 25 minutes south of Boston! 2-family was listed for 500k and my offer was for 540k (6 strong offers and lots of interest at the open house). My mortgage payment will b...
How would you solve this problem? Let me know your thoughts!I’ve had my eye on two boarded up, deteriorating residential properties built in 1919 and 1922, next door to each other, each on approx. ¼ acre lots, nice C...
Hi BP friends,
I’m a single 32 y/o looking to purchase a SFH as a primary residence + house hack in Austin, TX. I’ve lived here for 9 yrs and plan to stay long term - my work is split 50/50 between being virtual and ...
Hey BP, I purchased two vacant lots in NW Indiana 4 years ago and recently got a letter from the city stating they want to buy due to downtown renovation. As a buy and hold investor, I've never actually sold any of my...