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Our Anchorage-based single family home tenants' lease is up in May 2020. They have indicated they are going to save up for a down payment on a new house and would like to rent two more years. Yay! They have asked i...
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I was talking to a landlord who is thinking about selling her rental property in San Antonio, TX. We were talking about capital gains taxes that she will have to pay when selling her rental. The rental is worth about ...
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I have been reading a ton of material (including Bigger Pockets books!) on real estate investing to educate myself before purchasing my first property.I've been scanning the MLS and been in contact with my agent for t...
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Hi guys
My husband and I own a couple of rental properties and the loans are in both our names. It occurred to me that having outstanding loans on multiple rental properties may negatively affect our debt to income ...
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I wonder if future rate increases would decrease multi-unit price?Since multi-units are priced based on CAP rates, they will be interest rate sensitive. Ie buying a multi-unit at 10% CAP makes sense in a 3% treasury-...
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Hi Everyone!
I've got a little bit of a flooring predicament and I'd love to get some advice from you guys! Please bear with me as your help will be greatly appreciated!
I currently rent out a condo within a poorly ...
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I just got back from day 2 of the Rich Dad seminar taught by Elite Legacy Education. Our instructor Trevor Evans showed us what they call "Double Principal" payments. This is NOT the same as paying two mortgage paymen...
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Hello BiggerPockets community,
As a first-time homeowner in Florida, I've encountered some unique challenges, including the need to pay for an insurance policy upfront for a year in escrow due to the home's initial c...
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Hello friends! While out "driving for dollars" my partner and I noticed alot of properties with black stains / streaks on the roof. After a bit of research we learned that the black streaking is caused by a bacteria t...
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A few months back my tenant pointed out to me that the sink sprayer in the kitchen was at a drip. She didn't seem so concerned with it and I didn't see it as an immediate need so I admittedly brushed it off and have s...