I bought a house in Woodstock, NY about 5 years ago. It was always meant to be a weekend home whose costs I could partly cover through AirBnB...I wasn't as thoughtful or concerned about the annual loss in the early y...
I'm at a crossroads and I would like some opinions please. I have been a landlord for about 12 years and I think I'm done. I no longer care to make small repairs, answer phone calls, or go through the tenant screeni...
Hi BiggerPockets. I'm looking for some advice regarding the transfer of property from my in-laws to their 3 adult daughters. I will, of course, seek advice from a legal/tax professional, but recall from time that I pr...
My rental unit got hit with a 33% tax hike this year. Looking through the county neighborhood data I noticed my property had the highest hike, about 7 others at about 24% +/-. The rest come in at 8-12% and even 2 @5%...
Hi, new to BP and love what I'm seeing so far! I'm an AZ-licensed RE agent and have a question that nobody seems to have an answer for (except possibly an attorney).Situation: Auction.com is having an upcoming forecl...
Curious the difference between hard money vs private money lenders? Could someone please explain to me and let me know the pros and cons of each?Thank You!Ben Scarborough
I have searched BP forums in a few ways to see what the chatter is about Puerto Rico and the posts that pop up are old. Very surprising. I understand that PR is kind of USA territory but kind of not - which will under...
This question seems to come up a lot on the BP forum.Here is the step-by-step instruction how I got variance for SFH zoning to be used as a duplex with the budget and time schedule 1)Zoning application. Fee is $25.00 ...
Hello, all! Nice to "meet" you! My name is Brian and I'm new to the BP world. Been listening to a few of the podcasts and it's re-started my interest in real estate, so I figured I'd jump in with both feet. A little a...
I want to create passive income for myself and not have to deal that much with tenants, so I heard that property managers would be a good idea. But I've also heard that they can be quite costly.