Vik J.
Will we see an increase in rents soon?
So, this conversation came up with my best mate yesterday evening and I thought I'd get some insights from the investor gurus here.Given what's going on now (increasing prices and lower inventory), and given the growt...
Micah Redden
Net Worth vs. Cash Flow
Hello,I have a question about long term strategy. I currently have several rental properties that I own and that generate great cash flow. However, I was able to purchase these when the market was more depressed tha...
Joe P.
Should I refinance by duplex?
Hi all -- looking for your opinions on this. I have a duplex in NJ and my mortgage loan is a 30 year, 5.625% rate, 77,175 initial balance, opened August 2018. It's now down to about ~75,000. My principal and interest ...
Juan Erick Rico Avalos
Should I remove a good tenant for more cashflow?
Hello BiggerPockets, I am closing on my first rental property in a week. This property is a duplex that I will be house hacking. Both units are occupied at the moment with Long term tenants. Both have been living ther...
Andrew Barnett
Worth converting nonconforming bedroom into bedroom?
I currently own a 4 bedroom home with a nonconforming 5th. I'm considering adding an egress window to make the nonconforming room officially a bedroom. Could this potentially increase the value of the home or is it in...
Clark Kirkpatrick
Is an umbrella policy a business expense?
The reason for the umbrella policy is the business - it increases my net worth (so I'm a better lawsuit target) and it increases my liability (tenants, contractors, the neighbor who walked by and slipped on the ice). ...
Ryan Thomson
Should I House Hack or Rent?
Interest rates and high purchase prices are pushing a lot of people away from buying. Most are turning to renting, but is that the best move right now? Will House Hacking prove to be better than Renting over the span ...
Bryan C.
Hold or Sell
Should I keep my rentals w/ mortgages or sell them and reinvest $$$ on cheaper rentals w/ no mortgage.I own 3 rental properties w/ 3 mortgages....I am trying to figure out if it is better to keep my 3 properties or se...
Kyle Nacci
Is it worth it to file a loss of rental income claim?
My wife and I own a multifamily and submitted a claim to our insurance company (Vermont Mutual) for a roof leak in May of last year. We've experienced frustrating delays throughout this entire process, and while we've...
Nathan Faucett
Appraisal / Refinance Troubles - Need Advice!
Hi -
My wife and I bought a 2700 square foot house (living space) in June of 2019 for $235k in Greensboro, NC (Zip Code:27410). About 1000 SF of that was a below grade, walk-out basement that was in really rough shap...