Brad Roche
Updated Fannie Mae guidelines for Minimum Down Payments on Multi-Units (HouseHack)
Starting today- Fannie Mae has updated their down payment requirements for 2-4 Unit properties when you live in one unit. To buy a multi units property- the down payment requirements use to be:
2 Units:
15% Down
3-...
Navid A.
Schedule E or Schedule C
BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...
James Toudy
Turn-Key Companies, Bay Area
Hi BPC,Fairly new to the site, have been listening to the podcast during my daily commute and learning lots. On the episode today, #219 with Dr Kenyon Meadows, he discussed Turn-Key opportunities and companies. I'm in...
Erin Wilks
Long time listener, first time buyer
Hello everyone, thanks so much for all of the content and learning that this community provides. I am such a fan of bigger pockets, I feel like I have gained so much insight from you all. I am a foreigner living in th...
Kyle Howard
Structuring a multi family deal
I’m looking to structure my first multi family deal (only 4-6 units) and fill in the gaps where I come up short. If anyone has any advice that would be great.Scenario: most of the lenders I’m speaking with require any...
Tim Bee
Tenant just became wheelchair bound. Who's supposed to pay for the changes!!!!!!
In CA: I have a tenant who, all of a sudden is in a wheelchair. They want widened door ways and God knows what else after that. I'm guessing they might eventually want all the ADA requirements. Changes to convert ...
Will K
Financial Due-Diligence Addendum - Feedback?
I was going over my P&S Agreement, and realized there is no section in there which would allow me to nullify the contract and get my earnest money back if I discovered the rental income was not what the RE agent h...
Deanna Boss
Appliances - What is Landlord's Responsibility to Repair/Replace?
I have a duplex that has long term tenants in the upper unit and the lower unit has been short term rental (Airbnb). I have a long term tenant moving into the lower unit now. There are two washers and two dryers in th...
Aaron Wortham
Is this normal interaction with a realtor?
I started talking with a realtor about a week ago and was assured that she was the investment specialist in their office. She said she works with lots of investors and would love to help me find my next investment. I ...
Kyle Pierce
What do you pay your bookkeeper
Hi BP
I’m wondering how much do you typically pay your bookkeeper? Do you pay them hourly or a monthly fee? And, do you have an In-house bookkeeper or do you outsource this?
Also, what type of real estate strategy a...