Hello BP,I am about to graduate from school this upcoming May and am going to be moving to Chicago for my first ever full-time job. While I have rented for the past 3 years in college (been paying on average $600 / mt...
Hi BP, My husband and I are currently under contract on a 4-unit property located in Miami, FL. We plan to house-hack this property (live in one of the units and rent the others for at least one year). We just finishe...
I'm new to Bigger Pockets and in need of financing advice/direction with regard to purchase of a fixer house, on which I have a purchase and sale agreement. Built in 1890, the home has seen little remodeling and so re...
How much total coverage should I be buying on my rentals? These are SFRs - the insurance company seems to offer, as a default suggestion, the amount of the mortgage, not the total purchase price of the property. I'm...
Hi,We just had a very BAD rainstorm here in Michigan (oakland county). My house and 2 rentals had water in the basement, unfortunately I didn't have flood insurance (like 99% of people here it seems). The water has be...
Hello, I am trying to vet general contractors. What is the legal maximum allowed amount for a down payment (%) on rehab projects? How do I avoid a mechanics lien on a future property? How do I make sure the subs are p...
Hi, have my own rental properties but my mother in law is the tennant in this case. She decided to shut up shop on her preschool and move into her home to downsize. She rented for many years and was responsible for tu...
Hi there! I'm wondering if anyone from California/ out of state has any tips on investing in Florida or any lessons or "dumb tax" to share? My investing partner has lots of experience here in CA, but we're interested ...
OK. We all have been there. You have a bad tenant and you want to evict them fast.But the process is long and expensive. Here in CA it takes 1.5 to 3 months to evict someone and about $800+. If your rent is $500-$600/...