Derek Tellier
Refinance and Heloc Questions
Obviously I need to actually talk to a lender about this but looking for general information on how this could/would work. I have a 1st Mort on my PR, balance of about $97K, I also have a $50K Heloc with a Balance of ...
Robert L.
Decline in Lake Mead Water Levels and Drought in Las Vegas?
Hi All, just read this article about water resources being depleted for Las Vegas.
https://www.smithsonianmag.com/smart-news/hoover-dams-lake-mead-hits-lowest-water-level-1930s-180978022/
Declining water levels ha...
Emy Bernardo
Shared Utilities - best way to divide costs
Hi all - we have an ADU in our single family home and have been including the cost of utilities in the ADU rent. We recently started charging our tenants a $100 flat rate to help cover some of our soaring utility cost...
Peter Sobotka
First Home Purchase Help!
I recently moved to NC from NJ. I am a first time home buyer. I am currently in the last week of due diligence on a house closing. My current plan was to purchase a single family split level home to be able to rent...
Tim Beadle
1st time landlord debating between 2 properties. Risk v Reward
I have two multifamily properties that I am looking at. One is more conservative and the other is more risky, but with better reward. I am a first time homeowner and landlord and want to make sure that I am well educa...
Bevin Bankston
Time to be more strict with concessions after inspection?
Good afternoon BiggerPockets,
I just had an offer accepted on a home in Rhode Island. In the past I haven't done much in the way of negotiations after the inspection. I feel as though the more the market is changing ...
Dylan Greytak
Thinking about purchasing with intent to convert garage or build ADU.
Does anyone in the Tampa area have experience with converting garages into studios or converting a large room into an ADU?I have been actively looking for a small MFH in the Tampa Bay Area to house hack for the past 4...
Ken Latchers
Short Term Rentals - Obsessions
The following are obsessions I see from owners about running their STRs. They gross tens of thousands in revenue, but go into a rage (Baba Yaga?) when a few dollars is at risk. The law of averages says that there will...
Brian Tome
First Flip - Play by Play!
In July, my business partner and I put a single family home in a B or B+ rural neighborhood under contract for $140K. The owner was a widowed elderly lady who was living in a nursing home and her children were left w...
Orlundo Hubbard
What's Up With REO Investments?
How popular are REO properties? It seems that I don't see them talked about as much as potential investments. What are the drawbacks of these properties? What are some of the best ways to invest in them? I see them as...