Robert Wood
Being sued over security deposit by tenant who never moved in.
Hello Bigger Pockets!My wife and I are looking for a bit of legal advice. We recently moved to the Seattle area from Texas with our 2 month old daughter, leaving behind three rental properties, two long-term and one A...
Daniel Patterson
What math formulas do you use when you consider a new property?
I'm starting to get a general idea of how I should look for a property that would be good to purchase, renovate, then rent out. I'm a little lost on which formulas I should use when considering a property. Things like...
Robert Kough
Using VA Loans for investment properties
Hey guys/gals,
I am a service member new to real estate investing. I have received conflicting guidance from several mentors on whether or not to use my VA loan to finance my first deal. I have done my due diligence...
Frank Brown
Flipping my first house
Hello Everyone my name is frank and I’m from the metro Detroit area, and I’m looking to do my first flip using a hard money lender I have 10k to put toward the deal with the lender. Just looking for advice on what pri...
Abi O.
Just completed Inspection for 1920s home and freaking out
Hello -I am a first time homebuyer and I am currently in contract to purchase a 3 family home in NJ that was built in the 1920s. I just completed the inspection yesterday and it seems the roof will need to be fixed(o...
LaMancha Sims
Why Use A Hard Money Lender
The hard money loan is considered asset-based financing. This simply means that the person who is borrowing uses the physical property as security in exchange for financing. This type of transaction mostly involves re...
Wendy H.
Open Floor Concept or Add Another Bathroom?
Hi BP, I just had an offer accepted on my very first house hack in Bay Area, CA. This is a 5 bed 3 bath older SFR. We're starting to think about how we will update/add value to the house, and as part of the considerat...
Bala V.
Goal setting - # of years and units/properties calculation
Hello BP!
My name is Balaji residing in Dallas, Texas - currently educating myself with RE books, podcasts, etc. and also saving money for my first rental. My wife and I have full time jobs (Accounting and Software C...
Diana Villalon
Dishonest lenders....has anyone experienced this?
Found a deal to house hack, spoke to 4 different lenders and everyone promised they could do the deal when they asked for the initial set of documents. Decided to go with one of the one that promised we would have clo...
Alexander Kleyman
City assessed value/taxes went up 2x is it legal?
Hey BP just just got a 2021 Notice of Assessment for a property I closed on in Nov 2020. The city states that taxable value went from $23126 to $40100. Taxes are now increased by an additional $1585 a year ($132/month...