Elizabeth L.
Finishing and legalizing a basement
Has anyone been successful at finishing a basement and turning it into a legal or illegal apartment to rent out as extra income?
Rich Weese
40% loss in net worth in last 3 years
I'm sure many have heard the numbers recently that the median net worth of individuals in the United States has dropped 39% in the last three years. I'm just curious how BP members have fared during the same three-yea...
Aaron Thivierge
Closing on 1st Real Estate Investment with questions.
Good afternoon. I've been a member for 4 years or so, but I got distracted for 3 of them. Now, the fire is lit again, and I'm motivated. I have been in discussion with 3 owners of a single family home that has been a...
Michael Choi
Has anyone rented out to tenants who hosts Airbnb?
Hi,I have potential tenants (husband and wife) interested in renting out my 3 bedrooms home who will use one bedroom as their primary residence and rent out other rooms through Airbnb in Los Angeles. They sent me thei...
Cameron Bremner
Is it possible to get a loan with <2 years of employment history?
I (21M) have been wanting to get into the real estate investing space for some time and am looking to purchase a multifamily to house hack. The main issue I’m facing is that I have only been working in my current job ...
Dennis Tierney
Do you disclose a haunting?
I had a friend ask last evening if she needs to disclose to prospective tenants that their half of a duplex may be haunted. Not having any experience with this I thought I'd ask BP. She bought it as a rehab and in the...
Basu G.
Agent scammed us at the auction
We have had many people laugh at us when we told about this. We had an agent who would send us some properties he thought were good buys from listings on FMLS. He accompanied us to the auction on 11/07. At the auction...
Bruce Weyer
Rental Property Accounting using Quickbooks Online
Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...
Isaac Blocher
The Cost of Transactional funding
Calling all wholesalers out there on BiggerPockets. I am just curious about how much you'll are paying for the transactional funding your getting when you do a deal. I have talked to some wholesalers who pay 12% for t...
Timothy J. Cudjoe
Is Real Estate your passion ? Or is it fueling your passion ?
How many of you actually love doing Real Estate for the benefits it provide and who actually is doing it because they have a passion and its helping that ?? #curious