Hello BPers,I just started renting my condo to a tenant at the beginning of April. Upon speaking with two loan officers on conventional loan, I received quite contrasting answers. My questions was if I'm getting ren...
Hi, I have an LLC that holds the real estate and the other LLC is handling the management (getting rents, sending payments, etc.). As I was preparing my taxes, my tax professional advised me that management LLC is red...
Good morning Biggerpockets,I am interested in targeting properties in TX. It was recommended that I source properties that are in pre-foreclosure tax sales and probate. This is all new to me. Does anyone have any a...
Hi everyone, so I jumped in and decided to get my RE license in NJ. I have passed the course and now just need to pass the state exam. I will need to decide on which brokerage to hang my license with. I don't plan ...
My first time posting here but hopefully I will get some good answers,I found an off market deal [SFH 3/1 with an additional dwelling unit, rented for $1500 + $900, priced at $275k]. My income is not sufficient and I ...
I am trying to find out the Nevada law on painting and repairs of an office/warehouse unit once it is vacated. What is the NV rental law about reasonable wear and tear, and how many years of rental is considered suffi...
What are your guys's thoughts on taking a picture of the tenant at their move in walk through? The owner wants pictures taken of each tenant for security reasons even though we already have copies of their ID's. Tha...
Hi BP!I have a house hacked duplex and my tenants are right at their year mark. They've decided they want to buy a duplex and asked to avoid any monthly premium while going month to month so they can keep the option o...
Hello everyone!I purchased $186,000-SFH in Virginia using private lender a month ago. I have to pay the payable amount plus interest back in 3 months. Right now, I have been rehabbing the property. ARV is $400K. I wan...
Hi everyone,Right now I am about to finish my last semester of college with a degree in music. I'm fortunate to have no student loans, and I am going to be okay financially for my basic needs until my career takes off...