Andrew Everett
Refi primary residence to turn into long term rental?
Hi BP - My primary residence is currently on year 3 of a 15yr mortgage at 3.125%. I'm looking to buy my next home which will be a non home sale contingent purchase. My question is whether it makes sense to refinance m...
Oscar Zhang
First Property Purchase (Long Term Advice)
Hello BP Community! Newbie here looking for some advice and guidance for a first-time homeowner!The WHY: I'm hoping for this to be the foundational starting point for myself to escape the rat race along this journey a...
Dustin B.
Eviction Moratorium Question
Good Afternoon BP,
Have (an inherited) tenant behind on August's rent by $175. This tenant also did not pay for September's rent for $875. We sent out the 5 day right to cure on Thursday 9/3, so we would be looking t...
Joshua Hoffman
Hard Money Lending Questions
I’m new to the game and have some questions around Hard Money Lending. I am considering using the BRRRR method to get started in real estate investing. Is utilizing Hard Money Lending specifically with this type of pr...
Jason Gilbert
Code Violations and Options
Hello, all!
I bought two duplexes in 2022. They are my very first rental properties and I'm very excited to keep moving.
On the second one I bought, I was told that there is only one HVAC system for the two units, ...
Ashley T.
STR tax deductions when there’s no rental income
We bought an STR this year but we were not able to rent it at all due to some repairs that took much longer than expected. Wondering what to expect come tax time. Will we not be able to write off any of these expenses...
Jordan Slater
Where to keep cash reserve?
I am meeting with my property manager today to get my first rental on the market! I am planning to build my cash reserve over the next year as I prepare to purchase another rental. Where should I keep my cash reserv...
Bryce Jamison
Extra Lease Addendums to Add?
Hello BiggerPockets Community!What extra addendums do you add to your leases?I'm finalizing my first lease in NC and I want to ensure I'm adding in all the applicable addendums. I've already added that the rental insu...
Gary B.
Daily work order management
I just bought a 27 unit complex. I am new to complex of this size and looking for recommendation on best practices to manage property of this size. 2 things that i need advice one:1. Late fees: How to avoid that prope...
Falgun Chokshi
Self Storage Deal - Vetting???
I'm vetting a 12 unit storage facility in PA, which has two additional parking spots for rental. Asking price is $329,000. It has a new roof and significantly renovated exterior walls and new garage doors. No security...