I purchased a house for cash in NH in 2015. I had a family member live in the house until June of 2018. In July I completed a lot of updates to the house (new well, new 200 amp electrical service and panel, new window...
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So I was thinking of requiring renters insurance when our tenants renew next time. Let's say market rent in our area is $875 for a 500 square foot 1/1. If I require renters insurance, should I reduce my rent to $850...
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Hi, I am 18 years old and have around $12000 saved up. I was thinking there must be some way to use the money meaningfully, and then I came across a YouTube video of Robert Kiyosaki's tips from Rich Dad Poor Dad. H...
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As an "accidental landlord" from a home I purchased in 2005 and started in renting in 2011, I've been carrying a negative cash flow property for five years. It was my "starter home" and is now one of three rentals, wi...
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Hello all.
I have a very confusing situation that requires your expert opinion. Bellow I will itemize it hoping to receive some direction.
1- My client bought a commercial property 30 yrs ago for $250K....
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Hi all, I've been lurking behind the scenes for about 2 months but this is my first post.My wife and I have a LLC set up and are diving into the industry starting with duplex, triplex, and 4-plex units. We are workin...
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Hey fellow real estate investors!!I'm new to BiggerPockets. I've been listening to the podcast for a few years but just now joining the community. Disappointed I didn't get online and get active earlier!! I love how m...
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Hi,
I have learnt a lot from this forum and thought to do a lesson learnt on my recent experience to help the newbies. This is to help with most common disasters which is water damage to homes. Again, I am a newbie ...
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I wanted to address this to educate people who have been mislead by the financial services industry...not just Dave Ramsey Step 7 - Build wealth and give. This is where he want's you to "invest in mutual funds," and...
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Hi,
even though I really didn't want to, in the end I had to accept a condition of the seller to have adjustable rate on the seller's financing. There is a 4 year balloon, so I just hope that the interest rates won't...