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Hello, im new on bigger pockets and interested in using the house hacking strategy to break into real estate investing. What percentage of monthly mortgage payment needs to be covered to be a smart move?
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Hello BP!I was looking at my insurance coverage on my san diego rental yesterday and i noticed the replacement coverage is way closer to the purchase price from several years ago. close to $300k, where as the value to...
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Everyone,Does anyone have experience renting houses on yearly leases and then turning around and using them as an AirBNB? I know that you would have to get the owners consent written into the lease and you would have...
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Wife and I are purchasing a single family home (primary residence) with an ADU in Florida. We'll be insuring the home with Citizens through Farmers since we have other policies with them. How can we protect ourselves ...
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Hey BPers,I have heard or read countless investors say on podcasts and forum posts that they cash out, refinanced to pull out the equity to purchase another deal. My question is once someone does the refi are they typ...
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Hello BP Community,I am looking to move from my current property to a new one in a different state. I currently hold a FHA loan on my first residence and I would like to house hack in a new city. I have talked with lo...
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Hey Bigger Pockets fam! I'm a long time podcast listener and decided I need to finally get active. I didn't know where to start so I decided this would be the best place to gather my thoughts. I am a native of Charlot...
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My question is primarily directed to buy and hold investors who purchase each new property with its own entity (I imagine most will be LLC’s).
Do you also open a dedicated bank account for each entity for the purpos...
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Hi everyone. My wife and brother-in-law inherited their mother's house via a land trust and it was great in that it avoided probate. However, we are now looking into renting the property (single family home). My broth...
Hello everyone,I am in search of a strategy that will allow me to use my current network of professionals who are directly related to RE investing. I work for a mortgage firm as an insurance analyst reviewing the cove...