1. What is your method of investing/saving for your children?2. At what age can I open a Roth IRA and pay my kids an income? My financial advisor says we need to wait until they are 6 yo to not get audited. Every sour...
I am in the process of purchasing my first investment property, a condo unit which will be used as a rental. Future tenants will be paying the utilities.
Do you keep utilities turned on (and in your name) when the u...
So I talk to the lender today that was apparently paying Bigger Pockets for marketing. He seem legitimate etc. My question is does Bigger Pockets verify that a lender is not some scam artist?
I have a prospective tenant who has no credit history, no evictions, and no criminal history. I asked to verify employment and he claims to get direct deposit and no pay stub. He seems the perfect ghost. He filled ou...
I am now requiring all tenants to get renters insurance. I requested proof of insurance from a tenant and they gave me a policy number (no copy of the policy or anything). Do others require a copy of the actual policy...
My lender asked for seller to provide tax returns for the past 3 years of a 5 unit i have under contract, and seller said no. My lender said it’s fine but it limits the number of banks that would be willing to lend t...
Hey I'm in the process of purchasing a property with an FHA loan and I'm looking for a local contractor that is familiar with FHA requirements. I am sure the FHA appraiser will have some issues they want taken care of...
Hello Bigger Pockets!We have finally gotten our first rental in Richmond, VA. However, our property has not rented yet. It's located in an "up and coming" area, where you can see signs of renovations etc. We decided...
I am trying to move my rental ppty to an LLc.It was my primary home and the title has my name on it.I created an LLc and a bank account for the LLc. I did a quit claim deed ,deeded all my rights to llc and had it not...
I could use some comparison numbers for a 10 unit apartment my partners and I are considering buying. What are your utilities in Canton Ohio for apartment buildings? I was given two conflicting numbers for water and s...