Lisa Moon
Is this the new "normal"? Incredibly onerous underwriting for a rental...
I was a mortgage loan officer and an escrow officer 20-odd years ago, before the landscape shifted. I know the drill about proper documentation, etc. But the process I"m in now seems just ridiculous.Hubby and I are ...
John Lupo
NRIG Insurance Pro's or Con's
Hi Biggerpockets Community I was wondering if anybody has used or is using NRIG for their multi family properties, I received a very low quote that seems to good to be true, I have a fully paid for property in Lo...
Ashley Davis
Capital Gains Tax - Bought less than a year ago and need to sell
Hi all! CAPITAL GAINS TAX — NEED HELP! 🙏I bought my first investment property in August 2018. paid $152k and have put in about $20k in renovations. It's currently rented for $1600 a month and I have it listed for $252...
Eric Robertson
Buying a motgage from a private lender... owner willing to deed in lieu as well...need help please
I was contacted by a guy that holds the mortgage on a small 2 bedroom house in my area.He is wanting to sell the mortgage at considerable discount. We have talked back and forth and the guy seems to have gotten burne...
Jack Saunders
Flip Home from Hell - Seeking Advice
I flipped a home and sold it a couple of months ago. Everything was permitted correctly and done by the book. The buyer has had issues with the toilet gurgling when flushing. The home has all new plumbing and the p...
Kyle Pierrehumbert
Would you accept this tenant?
Would you accept a tenant for a $2,150/month rent with the following situation:- They own 2 restaurants so it is hard to verify their actual income VS the company. They have shown me tax returns for the business. - I ...
Jeremie Cortez
Self managing for the first time.
Hi all! I am newer to BP and this is my first time posting. I am closing escrow on a duplex in Oak Park next week and I plan on self managing. This will be my first time managing. I know California has lots of laws an...
Henry Bagh
Need a Property Manager in Cleveland (Section 8)
Hello, I am looking for a recommendation for a property manager (preferably an individual) who can manage multiple properties in the Cleveland, OH area. This job will entail screening tenants, leasing properties and h...
Zachary Harr
Access to coaching?
Hey guys,
Wife and I are looking to get started in long term rentals to hold long term. This would be our first rental. We have about 400k HYSA. Ideally looking for something around 200k.
We have previous experienc...
Account Closed
Charge for burned carpet if I was going to replace it anyway?
So I will have a tenant move out soon. There are burn marks on the carpet in one of the bedrooms and one of the kids confirmed that her brother way 'playing with fire' -- this scares me. But anyway, should I charge ...