Osazee J Osagie
Well water and BRRRR
I am under contract for a newly renovated house . Contract says city water but seller and I just discovered yesterday its well water.Closing is in 2 weeks.I need your opinion. Will it be difficult renting out a house ...
Ryan Thomson
Common Fears and Misconceptions about House Hacking
Here are the most common fears and misconceptions I hear when people talk about house hacking.
Myth: It takes a lot of money to buy a house.
One of the biggest myths about buying a home is that it requires a lot of...
Kristen Wright
Intro Message | How to Classify Neighborhoods (A-D) in Memphis, TN
Greetings, BiggerPockets community! I'm Kristen, a dedicated buy-and-hold investor with a keen interest in the Memphis, TN real estate scene. Currently, I'm the proud owner of a single-family home rental in my home-to...
Bill Hinshaw
My flip house didn't meet appraisal - what are my options?
I listed a flip at 250k, and accepted an offer at 250k with 5k to buyer at closing with additional repairs that were requested post inspection. The appraisal came in at 243k and includes required repairs. I have not s...
Aaron Moayed
Real Estate CPA Website Article Garbage? Depreciation Recap OppZo
This guy's article states that depreciation recapture exclusion is not possible with the opportunity zone 10-year-hold:https://www.therealestatecpa.com/blog/real-estate-...Yet these other articles are stating that cap...
Kenia Crevoisier
Sagging Floors on a Miami 1920's Property (pictures included)
Hi BP, My husband and I are currently under contract on a 4-unit property located in Miami, FL. We plan to house-hack this property (live in one of the units and rent the others for at least one year). We just finishe...
Chris Adams
Assignment of Rents agreement question
Closing a loan in a few days and as usual there is a Assignment of rents agreement. But this sentence, which I see in every assignment of rents agreement, pisses me off.
LENDER'S RIGHT TO RECEIVE AND COLLEC...
Michael G.
Can an Old 3-family be Subject to New Zoning Laws?
Hello all,I'm currently in the process of purchasing a home through a foreclosure sale. The property appears to be a 3-family and is an all brick, late 1800's construction.I was wondering - upon completing this transa...
Chanel Alexander
SO many questions on Fianncing Apartment Building
Hi Guys, I am trying to learn more about Commercial Multi-Family Financing options. Can someone point me in the right direction on where to get started. I am currently looking at purchasing a 19 unit apartment buildi...
John Smith
1031 exchange into MF property
I own a SF investment home that appreciated in value quite a bit. My current return on equity is quite low so I want to cash out and invest into a bigger property with much better ROE using 1031 exchange. The problem ...