Cassidy Burns
Keeping Track of Individual Unit Month to Month Expenses
Hi BP,As I start to acquire more and more properties, the efficiency of my records of expenses/income/ROI is getting complicated and honestly not as organized as I would like. Not being a complete expert with excel h...
Don S
FHA and Conventional Loans
I have read that when doing certain loans the lender wants you to stay in the property for one year. I am assuming this is to deter investors from these loans as the down payment is usually lower that investment loans...
Account Closed
Is there any way to make millions in RE without taking on recourse loans at some point?
I wanted to have a discussion with regards to recourse loans. I'm referring to loans (usually construction or acquisition) that you get from a lender that require a personal guarantee. In the even a particular proje...
Nicolas Sanhueza
who pays for oil heating on a rental?
Hi everybody!I am buying a rowhouse in PA with an oil tank in the basement, I am doing a rehab but my budget is really tight and I don't have enough money to convert the heating to anything else. How common is to have...
Marcos Cardenas
First time Airbnb hosting out of state! Airbnb preparation advice
Good afternoon BiggerPockets family,I hope you're having a beautiful day! An opportunity has arrived for me to get the Airbnb world. My friend has put me in charge of hosting his entire home on Airbnb! Due to location...
Matt B.
Risks Associated with Doing an Off-The-App Longer Stay?
I am intrigued with the idea ... guy wants to rent for a few weeks and mentioned doing it off the books. It would be a 10K+ booking. Its for him and his family as they visit for the holidays. What are the risks her...
Alex Leonard
IRS tax lien expiration time period
If IRS has a senior lien on a foreclosure property (New Mexico) or property tax sale, how often does one create clean title. I assume quiet title suit, how often does IRS contest or attach its lien to the property?
H...
CJ B.
Broken Fridge Scenario
Just wanted to throw this one out there. I currently have a scenario where my tenant has called due to a broken fridge in rental. I am responsible for the appliance, but she's wanting a reimbursement on the lost food ...
Ella Lan
Rookie- Need advice on investment with foundation problem
Hi BP community, Rookie here looking to close on my first out of state deal. The numbers look great and it's in a solid neighborhood in Columbus Ohio area. However, there are foundation problems with the duplex. Hopin...
Earl Kamps
Rent rates and rising house values
I am aware of and follow the 1% "rule" when analyzing a new property and setting rent rates. Now I would like to have a discussion what Landlords are doing with rent rates seeing that property values have went up so m...