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Questions to ask HOA if buying rentals in HOA community...
Sorry if this has already been answered somewhere but if am going to buy a 3BR SFH in a community where there is HOA (if I cannot find one with no HOA unfortunately!!) and I plan to live in this SFH for at least a few...
Account Closed
Inheriting a Tenant
I just got my first property under contract, it's the first property I've ever purchased including primary residence. It's a 2 unit building and I'm moving into one and renting the other.
The sellers agent says the ...
Chris Lee
MTR / STR mix
We have a new rental property, with 3 BR and an in-law. We will be renting the 3 bedrooms of the main house as mid terms and the in-law as a long term. We‘ve also been considering the idea of going to short term durin...
Alex S.
How to Approach Financing for this
I have a portfolio of 15 cash flowing doors. These are mostly SFH but I also have 3 duplexes. The average value per door is $75k. These all are owned without a mortgage, and I would like to get my money working harder...
Vernon Chiu
Life Insurance for LLC members
Hi everyone,Wasn't sure what category this falls in but financial planning seemed appropriate.I'm starting a 4 members LLC for CRE purchasing. We are of the mindset of buy, hold, refinance indefinitely. I heard one ...
Ziad Almufti
TAX PRO Q: Ordinary income vs. Cap Gains or 1031
Hey all, I own a boutique glamping hotel. We bought the land in an LLC 18 months ago and immediately began construction. We opened doors to guests just 4 months ago. Our intent going into it was to hold long term. ...
John Hausauer
Manufactured Home Financing
I have a 1994 manufactured home available to be purchased for 70k. Currently this home is being rented by long term tenants for 750. They have expressed that they do not want to leave and would happily pay 800/month.O...
Tonia Edgeston
Seeking To Redeem Family Property Due To Back Taxes
Hello & thank you in advance for your expertise & input. BiggerPockets is an amazing platform and inspired me further to dive into long-term rental idea. This property is a townhouse and has no mortgage. Howev...
Jeremy Segermeister
Accessory Dwelling Units in the Bay Area?
Hi All,I see a lot of homes in my area that have detached garages that would make perfect ADUs. With the relatively recent changes to the ADU policies, I would love to find a way to invest in them. Is it possible to b...
William Conrad
Passing Oil Heating Costs to My Tenants?
Hi all. I own a four unit multi. There are two oil tanks in the building, each heating two of the apartments. So, it's impossible for me to know who is using how much oil and the heating cost ends up on my side of the...