A current tenant acquired a renter's insurance policy that listed him and his girlfriend on the policy as the insured individuals. He asked the insurance company to have the landlord added as an additional insured and...
I have a guy that has done a few jobs for me and we've not had any issues. I recently needed a roof replaced. Asked him for his bid and he sent me his quote via text. Afterwards We agree on color, date, time etc. He ...
Hi everyone. Are 401K solo contributions limited to the amount of income made in the single member LLC? Example. Let's say I made $1,000,000 on a W2 job and made $10K on a single member LLC. Could I put $50K in ...
When looking for deals I am seeing a lot of homes that are quite small on large lots. These homes are 2 bed/1 bath and 3 bed/ 1 bath, built in the late 50s and 60s.
As a general rule is it a good idea/ bad idea to bu...
Looking to do room rental as first investment. What do you guys have as layout? Majority of homes in canada has basements. Looking to to make a basement 100% bedrooms. What are your thoughts on that? Not having a c...
I've recently been pre-approved for an FHA mortgage. Right now I am looking for a foreclosed or vacant multi to fix in the city of Albany, NY using the 203K product as well as city grants and then refinance (aka the B...
I know with my monthly HOA fee there is some sort of insurance included. Is there any additional insurance I should have ? The unit is currently rented so I don't believe I would need "homeowners insurance". But in th...
Listened to BP episode 065 with Wendell De Guzman
In his strategy for "subject to", he mentions that in order to access loan information, without triggering the "loan due" clause, he has the current owner, ad...
I recently just closed on a house in Point Pleasant NJ and am currently house hacking it. I am renting 2 bedrooms out and living in the other. The house is on a hill but I have a room on the first floor(basement) that...
Hello to All, I am Matthew R., and I am a new member to the Biggerpockets platform. In addition; I am currently studying for the NJ real estate exam. I am having difficulty understanding a few of concepts in the book....