Zak Dolak
Choosing a HELOC
Hey guys,
Question, I want to get a HELOC. I’ve checked into my Credit Union and Primary bank. The CU offered me $200k, interest only or principle and interest payments. First year a rate of 5.24% and after that it’s...
Brian Bundy
Should we build rentals on land we already own?
We own 15 acres zoned R-5 in Snohomish County, WA. Our home/business is on about ~5 acres and the rest is cleared and flat with road access and electric already in. We were going to sell 5 acres to a neighbor to dev...
Chris Jensen
Considering dipping our toes in house flipping
My wife and I already have a few SF rental properties, but our real goal is to get into MF. In the meantime, my wife and I are considering flipping a few SF homes just to get some experience (and a little profit). T...
Mindy Jensen
Asbestos Question: How safe is encapsulation?
I represent the buyers in a transaction. Popcorn ceiling from a 1966 build. Ceiling is currently in excellent shape, no peeling, cracking or falling off.If asbestos is present, how safe is it to encapsulate with gypsu...
Wesley C.
crawl space fungus
I've read other threads on BP about mold, but as you know different regions of the country tend to experience mold in different forms and fashions. Here in the south, we have lots of crawl spaces that are very hum...
Andrey Y.
Fairbanks Alaska investing - Best possible scenario
I was hoping to connect with someone who had experience investing in Fairbanks area and Alaska in general. Just browsing the listings, there is a huge variations in prices. It seems that most SFH, duplexes, and triple...
Tapanga Matthews
Loophole
Hey BPI was just curious (maybe there is an obvious answer, but I'm still new to this so nothing is obvious to me as yet)When doing "Rent to Own" or "Lease Purchase" is it always mandatory to pay the 2%-5% down paymen...
Brian Nel
What due diligence in determining cost basis for depreciation
In reviewing my taxes for the upcoming year, I've been looking more closely at my Schedule E and reading more about depreciation and cost basis. I know that your cost basis needs to be accurate, a number the IRS agree...
Sebastian Hauer
Transfer deed from personal to LLC correctly?
Hello Biggerpocket community, I'm an investor from Charleston, SC.What is the "right way" to transfer the deed of an investment property acquired in your personal name into your LLC's in SC?Is it as simple as a quitcl...
Amanda Williams
Pet Odor Elimination - Advice needed
Hello! I am closing on a house Tuesday that has a significant pet odor issue! There have been about 6 dogs, a bird, and other caged animals living there. It seems like getting rid of the odor can be a significant iss...