Brian Witherby
Non Owner Occ HELOC or 15/30 Mortgage < 5.5% w Private $?
Does anyone have experience with private lenders listed on the BP database that could conform with the above scenario?I have a single family house I bought with cash for 35k that fully reno'd has comps within 0.5 mile...
Michael Birklett
Texas Series LLC Formation | Notice of Series Limitations
Hey Guys,
I'm finally starting my journey into realty investment and decided that one of my first orders of business was to establish a Texas Series LLC. (FYI - The $300 Texas LLC formation fee is waived for veteran...
William Masters
NNN Lease Reconciliation methods
Hi! For Triple Net Leases, how are the net charges generally handled/administered? Does the landlord send an invoice monthly/quarterly/yearly for the actual tax/insurance/maint costs to the tenant to pay up, or does...
Lori De Stefano
HOA intentionally held payment so they could put a lien on my home and collect attorney fees
Need to know legally what I can do. After a battle with my HOA over unpaid dues they never notified me about for 8 months I agreed to pay the dues and the late fees but not the attorney fees unless they could legally ...
Jai Nigam
Selling property during Tenant's Lease
Hi,I am considering selling a property I've had for a few years. The tenant's lease goes until August 2020; however, given the cooling market, I wanted to get the highest selling price right now. I am wondering about ...
Lee Gardner
Cash out refinance vs HELOC for ADU construction question
Hi all,We're homeowners with no other investment properties, and we're planning on converting our detached garage to an ADU. My brother-in-law (who has a few rental properties) suggested we do a cash out refinance on...
Brenda Lee
Tax Expense Deduction
We just recently purchased a rental property in Utah from out of state. Prior to renting out the home we will have to fly out there to prep the home for rent. Just wondering if we can count expenses incurred for fly...
Christopher Smith
LLCs or Umbrella Insurance for CA Rental Properties
I've been considering whether to establish LLCs for a number of California rental properties (and maybe for some out of state). Establishing a CA LLC has some significant start up costs especially if an attorney gets ...
Michael Jones
Incoming Tenant Cancelling a Deposit to Hold??
I received a full holding deposit on one of my homes I manage last week on March 11. Move in and Lease are set to begin on April 10. I used the Bigger Pockets "Deposit to Hold" receipt, which clearly states the deposi...
Erik Nizenkoff
Tax Basis for deprecation, but some costs paid in 2nd year?
Hi, I purchased a commercial property at the end of December 2017. I wasn't billed for some of my lawyer's fees and inspection fees until 2018, around $20k. It is my understanding that I can add these to the basis ...