Being very careful with my wording here as I am looking for direction and advice not looking to make a deal. Maybe you worked with someone you can tell me about or have an anecdote about your experience that might he...
Guys,
I own two rental properties and I have a mortgage on both of them with the same lender. I wanted to Quit Claim the property into my LLC but I ran into a roadblock. When I contacted my mortgage servicer they tol...
Hi All:
I have a tenant in MD who claims to have COVID and is irresponsive to my emails/call, etc. This tenant has a history of paying late, but in fairness she always pays. Rightly or wrongly, I fell in this patter...
I'm looking at a property that has two 2/1 detached units. The property is zoned multi-family. I believe the value of the property would increase immediately if these two units were divided into separate single famili...
Hello, I'm relatively new to real estate investing and this will be the first year I file taxes after opening a HELOC last year. I used the HELOC for a down-payment on a new house. I now rent out the old house (with t...
Forgive me for being a noob, I spent the entire weekend researching as much as I could... So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Lim...
All you note investors out there, is any one aware of a state that allows attorneys fees or foreclosure costs to be not only added to the outstanding principal the borrower owes but also to accrue interest in their ow...
Hello!
I am so confused! I originally thought I could rent out a property any way I want (minus retail in residential). I'm a little baffled at what I am slowing finding out. My original plan was to buy a duplex, but...
Curious what fellow BiggerPockets members are paying to have the unit turned over for airbnb cleaning? Also how are you handling washing/changing sheets?
Take advantage of depreciation: Depreciation is a tax deduction that allows you to recover the cost of your investment property over its useful life. By taking advantage of this deduction, you can reduce your taxable ...