Alexander Babbie
Sell or rent out my house?
Hello all,My wife and I bought a house in Plattsburgh, NY about two years ago. The house is a 2400 sq foot, 3 bed, 3 bath, big pool and hot tub. Since we bought the house, I have put about $15,000 into it, as I have...
Renee Burke
Several questions from a new investor
Hello, I am a newbie in real estate investment and have several basic questions for you:- ON this board I see people referring to A, B areas. Where can I find a list of the specific areas in Austin, that are A, B, etc...
William C.
$10k in water damage caused by tenant. Advice on how to handle.
We own a SFH long-term rental. We self-manage. We have good tenants in there entering year 2 of a 2 year lease. One of the tenants hung a picture on a wall, puncturing a water pipe. There was a leak and about $10k in ...
Peace Lily
Electrician wants to get paid before the job completion!!!
Dear BP Members,I am renovating my house with a completed demo, drywall on the walls and ceilings, and electrical wiring for the whole floor. The problem is that the electrician does not want to wait until the sheet ...
Ashley Simmons
What should i do???? Credit Advice
Hello BP family, i have a couple of questions for you guys. Before i get to my questions, i'm going to let you know about my situation. Okay I'm 22yrs old and i've been wanting to get into real estate for about 3 year...
Matt M.
If I live-in my triplex, do I have to pay taxes on rental income earned?
To my understanding, actually living in the premises, especially being a 3-home or less, will put you into a different mortgage bracket, tax bracket, etc...
Do I need to claim my rental incomes and then pay taxes on ...
Dan N.
Tenant claims late fee clause of lease is invalid
Hi BP,
This month I have had my first late rent (two tenants, actually). I sent a firm reminder email right after midnight asking if everything was OK and summarizing the lease's late fee schedule.
Thi...
Bryan Hancock
Using Futures Contracts To Hedge ARMs
Has anyone out there in creative land used futures contracts to hedge interest rate risk on your ARM? I am wondering what futures to use for commercial loans with floaters past year 5 or so. Selling eurodollar futur...
Mike Terry
Did I hear David Greene correctly this morning? Cash out 1.5MM retirement fund?
I love Bigger Pockets. The site and the podcasts have been responsible for my success, be it limited, in my real estate endeavors. The recent podcast advice stopped me in my tracks as I have started to really questio...
Paul A.
Looks like I've got a windfall coming. 1031 question.
Hello all. New here, but I've been a full time investor for a few years now. Anyway, I'll get to the point. I bought a small REO apartment complex three months ago for $100,000. It was totally trashed. Vandalized...