Hi BiggerPockets community,We have a MTR that we rent the main floor and lower level separately to traveling healthcare professionals. It has gone very well so far.We are set to welcome our next guest in two days. We ...
Ok, now I am really confused, last week there was a discussion as to if just a landlord receiving passive income (rental income) was required to issue 1099s and the general concensus was since they were not operating ...
Hey guys! My question relates to how the process of acquiring 10 mortgages in your name looks? I know there are residency requirements for many conventional mortgages but are those strictly FHA loans or something like...
We will be renting our 1st SFR in central Texas. I am a little anxious as in where we could find/consult on a lease agreement. I've downloaded the application off BP and plan on using it, but not real sure where to s...
What are the different ways tenants can pay rent?
Once I have rolled over money into a self directed IRA, do I need to invest right away? Is there a time limit to invest?
Hey all,I've listed my first BRRRR property for rent. It has been renovated REALLY well and I got a LOT of inquiries the first week. Now it has dwindled down. People don't reply back once I say that one of the require...
Hi, I just spotted a 4-family room which makes sense for me and my credit union is offering a conventional loan mortgage for 5% down. Here are the two options the lender offered to me:
- Option 1: 30-year conventi...
Hey Folks, anyone in here knows the answer to this situation:If you buy a vacation home and the appropriate insurance for it at closing and then the insurance company inspector comes and views your house after a month...
Is the property tax based on purchase price? For instance, if property tax is 1% and an apartment sells for $10MM, would the tax be $100K per year?
I'm asking this because hypothetically, if the previous owner purch...