Andrew Joseph
Roof Sag in Flip - Inspection Issue
I just purchased a brick bungalow built in the 1920's. When reviewing the purchase further, I noticed that the roof had significant deflection (approx 6"-8"). When getting in the attic, none of the rafters are br...
Dan NA
Bank Listing Price Negotiable? Or Not?
Hi all, I am currently looking a property that is REO. The property needs rehab and no tenants currently live there. I know prices vary all over the board, but I was wondering how much flex do bank REO's have price wi...
Account Closed
Multifamily Electric Submetering with Solar
Do options exist for sub-metering within multifamily while providing electricity with a photovoltaic system?
Mike Schelske
California tenent laws
Hello Biggerpockets,I am looking to buy a single family home in the Fairfield, Ca area, and I plan on renting out a room. I am using my VA loan for the purchase. I want to make sure that I am well versed in the tenent...
Emilie Ponsin
How much can we take out from a security deposit ?
Hello Bigger Pockets commumity !
I do have a question related to an apartment I rented for the pass 4 years in New York City.
The landlord decided to take $1400 of the deposit without any explaination.
We receive...
Maryann Luther
Owner financed to tenant and tenant stopped making payments
Property was purchased by tenant. Tenant stopped making payments and stopped paying taxes. House was sold at courthouse and I bought it back and evicted her. She filed something(sorry can't remember name) and still ha...
Brandon Jackson
My Very First Deal (4 Years Ago)
This is the story of my very first deal which happened 4 years ago in September of 2011. I had become a member of the Dean Graziosi Success Academy, and was talking with a coach weekly (Pretty much worthless in my opi...
Carlos Rovira
Out of State Income Tax
Quick question for a savvy CPA:
If I own property in a state like Indiana or Tennessee with an LLC formed in FL, am I liable for state income tax in Indiana or Tennessee for the income generated through renting the p...
Brandon Heath
Does a W2 from your own corporation count?
Hello BP!!I always see comments and complaints about investors not receiving a standard job that they receive a W2 from. This of course makes it difficult to get conventional financing for their next deal. I currently...
Karey Wright
Contractor Payment
I'm a General Contractor in the South Florida area. I've pretty much just worked in the commercial industry and I'm aware that business is conducted differently in the residential rehab market.I was just curious to kn...