Nicolas Botia
Duplex House Hacking - Good Investment Or Not?
I’m thinking about house hacking for the first time with an FHA loan 3.5% down.There’s a duplex that someone is selling me off market at $220k in a very good area in Tampa, FL (West Tampa is the area). 2/1 each unit a...
Gebson Pinheiro
Anyone sell RE to stepchild & the SDRIRA buys it from stepchild?
I'm thinking about selling a property I currently own to my adult stepchild (would trust with my life). I am planning to quitdeed claim the property to the stepchild (gift the stepchild closing costs needed to buy it...
Dan Ross
Buying a short sale for personal residence
My wife and I just submitted an offer on a house here in Spokane that is being offered as a short sale. This would be our first home. The homeowners have a medical hardship and the bank, Ocwen, owns the first and se...
Matt C.
Odd tenant situation - what would you guys do?
I've got a weird situation with a tenant that I'm not sure what to do. I recently bought a 2 flat in Chicago, and the leases from the previous owner were a complete joke with no security deposit. One of the tenants mo...
Roy Williams
Real Estate Professional - IRS Audit
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
Patrick Snyder
Good news on the housing recovery!
http://money.cnn.com/2012/10/02/news/economy/housing-recovery-economists/index.html?hpt=hp_t3
Obaid M.
Getting closer to Deal #1 - monthly payments freaking me out!
Hello BiggerPockets! I'm getting closer to my Deal #1 seems like (closer than I've ever been)...and I'm getting a bit nervous thinking about monthly payments I'll owe to the lender. The property I'm looking at is curr...
Reggie Rearden
Counting Rental income for new Mortgage
I have a question regarding mortgages for personal property. I just heard from our lender that we have plenty of income to cover the new mortgage we want BUT they can not make it work on paper. I work a W2 job, own a ...
Stephan Haas
Whats the most effective way to recover past due rent?
I have a couple tenants that are in my 4 unit, I let them move in without it being certified. They examined the apartments and liked them, paid some of the deposit with a promise to pay the rest the next day, moved i...
Jesse Stemle
New Member From Louisville
Hello Everyone!My name is Jesse, I am 19 years old and I live in Louisville KY. I'm currently attending the University of Louisville (Go Cards!) while working in construction during the day. I have been reading every...