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Hi all, I've made an initial verbal offer on a property. The agent is saying they will give me a 3 day inspection period with closing in 15 days. Am I assuming correctly I would only have the three days to do ALL of m...
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Question. We have an inherited tenant from a property we closed on in early December. The day we took over ownership, we served the tenants a notice that we are rehabbing the property and were giving them a 30 day n...
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Ok so here's the deal. I'm in the process of purchasing my personal residence in Wilmington NC and decided to give the whole personal letter with a picture of my wife and I a shot. It worked perfectly. Even with multi...
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Hi, I'm in the East Bay area and started marketing for my 2bed house both as a mid term rental and long term rental. Listed it on Furnished Finder, Facebook, AirBnB, ZillowAs a long term rental, in one day, I got 10 c...
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Hi all,
Another “business friendly” act from city of Philadelphia.
If you rent your primary residence for period of less than 30 days, you must possess a zoning permit for limited lodging use. Beginning April 1, 2...
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So I understand that I need to live in the property for at least 1 year but do I need to live in that property 24/7?
1. I was thinking of living with my family members in their properties for free.
2. I was also th...
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Hello BiggerPockets community, we have been accepting payments from tenants using Zelle, Venmo and Paypal. Zelle and Venmo requires tenants to have an American bank account. We can receive the payment INSTANTLY and F...
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Hi everyone, I hope this thread doesn't get deleted, so I did my due diligence and I think this is the proper location for my question. Can I use hard money to purchase a property that I intend to live in after I pay ...
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Question for the tax pros out there.If someone inherits a home from a trust after death of the owner, and the home is their primary residence, does the two year period to exclude capital gains on the sale of a primary...
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I have a tenant that has a felon living with her that is not on the lease. My upstairs tenant is telling me that this guy is threatening her and her their child because she has complained about the noise. Everything t...