Noah P Bonds
Should I cash out refi with interest only payments?
I have a lender who has an interesting loan product - thinking about using it for a cash out refi. Loan terms: 40yr fixed, 5.375%, interest only payments are available for 1st 10yrs(that's the part I like). After that...
Tim Sipowicz
Income to high to deduct Rental property
Hello BP community. I recently got my taxes done and was told I couldn’t deduct the rental loss due to my income for the year. What are my options here to capitalize on the tax advantages for next year? I have an LLC ...
Kathy Judd
Security deposit treble damages?
Hi everyone,
I had a tenant move out and I repainted the apartment. After the second coat of paint the old paint still bleeds through in small dots all over the room which is evidence that someone was smoking in the ...
Bret Schilling
bidding at tax sale for the first time
Is my understanding correct that if you over bid the tax lien amount at a tax sale and the owner redeems, then you could potentially lose a lot of money? lets say the lien is 1000 and you spend 5k on it. If the owner ...
Michael Win
Pest treatment
I have a duplex. How often should I do pests treatment? It costs $85 /quarterly treatment so about $340/yr. It seems alittle excessive. I would think twice a year is plenty. My house, we treat only when we see an...
Peter Matthews
First post! Best Locations for Investing and Relocation
Hey everyone! I'm seeking advice on potential locations for both relocation and investment purposes. Currently, I work as a residential and commercial project manager in Seattle. I hold a master's degree in constructi...
Wesley W.
Thermostat with limits set by landlord
Hi folks,I have a rental unit with a hot air/central AC system installed. I am looking for a thermostat that I can install where I can set the upper and lower limits of the temperature - perhaps by a passcode. In ot...
Andreas Blomst
Best way to get money out of property without selling?
Hi all,
Another question brought on by my excess of equity. I have a $350k property that is a SFR free and clear that has a 5 year rental history currently at $1700/month. Also have a primary worth $720-$750k and o...
George Heller
Question about Baltimore County code ordinance and FINES
I have a property in Dundalk and my tenant got a $2,000 fine because my tenants left the lid off the trash can and also have debris in the back yard. How should I handle the tenant and Baltimore County? I paid a $300 ...
Jimmy Jam
Cashout refinance from current house before starting to rent
Hello BiggerPockets Community,I am relatively new to real estate investment, so looking for some suggestions from the wider BP community. I have own my current place for 10+ years and now buying a new primary residenc...