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We have a new tenant, has not yet moved in but has paid his first month rent and security deposit. He signed the lease yesterday. We do not allow pets. This was clearly stated in the listing and in the lease. It w...
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Hello everyone!I just found out about BiggerPockets and had to sign up right away! I have been extremely fascinated with real estate for the past year or so and am now ready to take the jump into it within the very ne...
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Hi all, This is my first post so please forgive me if it's in the wrong category. Feel free to move me.I'm the owner of a single family bungalow on the east-side of West Hollywood, an area that has recently seen a hug...
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I have a NJ real estate license and have 7 completed lease option deals, 1 so far has closed, the rest are moving along smoothly. I went to an attorney to be sure my documents were Dodd-Frank compliant and received s...
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Hello BP members,I've been doing REI since 2009 and I can't believe that only recently I discovered this great site.I'm a small investor from the DFW area (REI is my hobby) I learned mostly from books back in 2008 and...
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Just read an article on a Crowdfunder trying to fund flips; curious if anyone had heard of this (and if it's a good option). Not trying to invest personally right now but a lot of investors who close with us ask abou...
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Hi BP entrepreneurs,I am a OOS investor looking to build a portfolio (Multi family and BRRRR) and a team in Indianapolis targeting Noblesville, Greenwood, Lawrence township, Franklin township, Perry township would lik...
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Hello Everyone!I bought my first house a year ago and I have been house hacking by renting the two extra bedrooms on AIRBNB. I have gotten some advice that it would be a good time to get a HELOC on the property before...
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This is a few related questions in one:First, I want to check if my understanding on the differences here is correct?Illegal unit = you can't rent this unit. I mean, you *can* rent it, but if the City is ever alerted...
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Dear BP community,Perhaps this is a basic and easy question, but I am not an experienced bookkeeper. I understand debits and credits and income statement accounts vs. balance sheet accounts. But I am new to real est...