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I have a question? I understand the 50% rule for the most part but am unclear about what expenses it includes. If you purchase a property and rehab it completely is it safe to assume your expenses will be slightly l...
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Hi everyone! So I'm under renovations for my first property and I used a conventional purchase and renovation loan, not knowing how tedious the draw process would be for me and my GC, but saw it as the most convenient...
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Warning: I'm probably only posting this to vent. I hope I do not approach the level of a rant, but no promises :D
Seriously though - I need some insight here. Since shortly before Christmas I've been dealing ...
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I purchased a 2 bedroom condo in the DC area (U Street area) and am now using it as a rental. The condo is 1000 sqft. Should I get an extra umbrella policy up to 1 or 3 million? Please let me know if there is anything...
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Hello,We have a difficult tenant whose lease we did not renew. She was just trying to create trouble by filing complaint to Fair Housing for discrimination. We got enough evidence for that.Now she took a property ma...
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Hi
I have 400 k to invest. I'm thinking of a single family home that I can eventually make into a vacation rental. Would like to know the BP community's thoughts on this idea. I reside in Los Angeles and willing to ...
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Purchasing an investment property in Tulum Quintanaroo Mexico. Hi, all. I am a dual citizen of USA and México. I am flying to Tulum this week to tour some properties. This will be my first time purchasing property the...
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I was chatting with a property management company and they said that they recommend that if a unit has water and ice maker on the door to switch that refrigerator with one that doesn't. Their point was that most of th...
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We hear about it all the time on Bigger Pockets and for good reason. House Hacking is a fantastic way to get the snowball of real estate investing rolling. A term created by Brandon Turner, although he probably stole ...
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I need some advice. I was told by 2 lenders that my DTI is too high because my taxes show a loss on rental income. The rental income loss cannot be included as income for last year (2018). I would like to buy a seco...