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Homeowner's insurance on a rental house
Do you bundle your rental properties homeowner's insurance with your personal policies? Why or why not? I was thinking it would be better to have each house be on its own, to make it easier for my CPA. Thanks for y...
Sean Williams
Does Lender Factor Rents into DTI Ratio on FHA House Hack?
I am awaiting a response from our lender, but figured it couldn't hurt to ask here...I have a client interested in a tri-plex where they would purchase it via FHA and live in it as a house hack...live in 1, rent out t...
George Smith
New Member from San Diego, Ca - George Smith
Hi,My name is George Smith and I currently live in Oceanside, ca which is in sunny san diego county. I am new to real estate and would love the opportunity to do real estate and work with others in my area. I have alo...
Mike Roy
Is m PM double-dipping, or is this common practice
Hello BP - Quick question: I just turned over my first ever tenant and just got the monthly statement from my property manager. I see he's charged me the one month's leasing fee plus the 10% management fee for this u...
Michael Hajduk
Are these tiles asbestos?
My contractor said these 9x9 tiles are most likely asbestos, and that as a homeowner, I can mitigate it myself much cheaper (with special containers from the city - not being shady)How do I find out for sure without o...
Latesha C.
Starting Wholesaling in Milwaukee
Hello BiggerPockets, Although I don’t post much I read a lot. I’ve learned the most in the discussions, podcast, and some of the webinars. My husband and I are really looking forward to opening the door to real estat...
Jonathan Taylor Smith
Durham starting a program in August to help avoid evictions
Just read an interesting article at: https://www.indyweek.com/news/archives/2017/07/12/hundreds-of-eviction-cases-come-through-durham-courts-each-month-a-new-program-aims-to-change-that - about Durham starting a new p...
Nathan Currier-Groh
Mixed Use - Need Help - Can I rent apartments as NON-Residential?
It is time to ask for some help making a new strategy for my mixed-use property.Background:I have a mixed use multi-family building in a commercial district zoned as Urban Mix. I've owned it for 7 years and it has not...
John Suralik
Using HELOC to Make "Cash" Purchase of Rental
I recently completed the renovations of my primary residence. The ARV is 195K and the first mortgage is for 78k. From talking to a few lenders who do HELOCs they will lend up to 80% of the home minus the first mortgag...
Jephte Augustin
Cash out refi rental property with DSCR loan
I have a questionI have property I just acquired and renovated with a Fannie Mae loan. I’m looking to cash out refi, but I have to wait 12 months of seasoning before I can do that. Does that seasoning period apply if ...