Michael Johnson
Renting to college kids, owner occupied/ how liable am I?
Im planning on buying a single family house in Fort Myers, Florida, and rent it to college kids. Rent out the rooms and I'll live in the garage (dream come true kinda).NOW, if I tell the tenants, "Sure have people ove...
Justin Fox
Capital Expenditure depreciated over life of property.
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
Brian C.
Reg D 506(c) offering
I'm exploring the possibility of using a 506c offering to raise money from accredited investors for our new global real estate fund.
Does anyone have advice and any idea of the legal/startup costs for this type of o...
Chris Buesing
No Pets?
I'm sure no one has ever had this happen. I got through showing the property and hand the prospective tenants their rental app, and she looks at me and says, "oh, there's no pets? I have a cat." Ugh.
Tatiana Duarte
Aspiring buy and hold investor from NJ
Hello BP Land!My name is Tatiana and I am new to Bigger Pockets. Currently residing in Northern NJ. I am a commercial interior designer for a global architecture firm and serve on the Young Leaders board for CoreNet...
Christopher Albritton
What is a Seller Carryback?
As I understand it a bank will loan 80% to the investor directly, and then the seller takes out a 20% loan to finish off the remaining amount the investor couldn't muster up. Is this correct, and if so how would th...
Kay March
Selling FSBO - buyer's agent now wants to be transaction agent
I'm selling a rental house as a FSBO. An agent brought me a buyer. The buyer's agent says that in order for the transaction to proceed, he will transition from being a buyer's agent to being the transaction agent with...
Vanessa Deluca
FSBO Realtor Broker Question
Hi. I am revisiting my FSBO and we're chipping away... As mentioned, I have an elderly buyer who walked into a broker (in this case shark) to get info on how to write a contract to purchase FSBO. He of course offered...
Joshua Dorkin
HUD Home Q&A
HUD Home Q&A
What is a HUD Home?
A HUD Home may be a single-family house, a townhome, condominium or other type of residence. The properties were deeded to HUD/FHA by mortgage companies who had foreclosed on FHA-...
Simon Stahl
BRRRR - Why does that seem so easy?
Hi everyoneI'm just starting out and looking into BRRRR as a strategy. From what I read so far, his should be really easy. Too easy actually. I feel like I am missing something.This is how I imagine it would work for ...