Account Closed
Charge for burned carpet if I was going to replace it anyway?
So I will have a tenant move out soon. There are burn marks on the carpet in one of the bedrooms and one of the kids confirmed that her brother way 'playing with fire' -- this scares me. But anyway, should I charge ...
Mindy Jensen
Landlords: Do You Have An Operations Manual For Your Rentals?
I saw an excellent piece of advice in our Official BiggerPockets Facebook Group today. "I created an operating procedures manual. Details all vendors, bills, banking setup, tenant details, current outstanding projects...
Joshua Thang
Appraisal Report Bedroom Count is Different from Actual Number of Rooms
Hi,So I have a situation where Cuyahoga County records states my house has 2 beds but my house has 3 beds. The appraiser came in and appraised it as a 2 bedroom and called the 3rd bedroom as a "Den". Is this something...
Brian Tran
Seller Financing Structure
I've been looking around the BP forum and youtube but other than tips I'm unsure if I understand the whole seller financing structure.From my understanding once you get the seller it's mainly creating terms of the sel...
Dawn Riley
I am purchasing a new building in upstate NewYork. How do convert
I am purchasing a new building in upstate New York. How do I convert it into a Condo? It is vacant.
Mark S.
Calculating Cost Basis for Depreciation
Hi,I acquired a 5-family property in NH in 2016. As you all know, one of the primary benefits of real estate investing is the tax advantages from depreciation. The purchase price of the 5-family was $265,000; however,...
Joe Xie
Lease contract question
I am buying a rental property at Bay Area with rental control has a tenant who is on month to month lease with selling landlord. I am planing continue with the term's the selling landlord. This is my first time to get...
Brant Richardson
Can I get more loans if some are Freddie and some are Fannie
A friend of mine said that I may be able to do a cash out refinance with more than four loans or get more than 10 loans if some are with Freddie and others are with Fannie? I have not heard of this before so I tho...
Antwoinne Campbell
Investing in Multifamilies
Greetings,I have an interest in investing in multi-family properties; however, I do not have the capital required for a downpayment of twenty-five percent. I am debating using a hard money lender for the full purchase...
Oscar Adams
How can I start out with cash in hand, but without income?
Hi folks,
I am an early 30s male from Vancouver, British Columbia, Canada. This is my first post and I'm very happy and proud to be part of such an exciting and inspiring community.
I'm looking to invest in rental r...