Extrememly excited to be listing my first property for rent. This is my personal residence, recently paid off, and is being turned into my first investment/rental property. I just joined BP 2 days ago and appreciate t...
This is my first time trying to do land lording, If a prospective renter has a dog and it bites someone on or off the property, can the landlord be held liable? I understand this isn't professional legal advice and I ...
Hi everyone! I think I'm ready to make my first offer on my first rental property in North Providence, RI. It's a 2 bed, 1 bath unit in a relatively small condominium. After running the numbers using the awesome BP ca...
Hey BiggerPockets Family!
I have a question about buying houses with tenants already in the house. I have an opportunity to buy a couple single family properties from an investor looking to sell. This investor curren...
Hi All,My husband and I just moved to South Carolina from California and are newbies in the real estate market. We have capital from selling our home in California and are interested in doing our first flip. I’m curio...
Hi all,Recently I hired an independent contractor (great reviews on Yelp) to fix a few appliances in the kitchen. Things were fixed perfectly, however, the contractor brought some minor damages, for example, scratchin...
Hi all, I purchased a rental house back in Dec. at a low interest rate and using a HELOC for down payment and rehab costs. With interest rates rising and those of us with HELOCs with variable rates, what's the strateg...
My wife and I are under contract for our second STR and I'm wondering how to handle the financials and bookkeeping as we go forward here (and hopefully continue to grow). We currently have an LLC, a business cc and b...
What do you all find as best practice for evaluating the financial solvency of a GC you want to hire? If they can bear the cost in full of materials up front or is there anything else?
I have carried the note on a piece of land for 2 years and the buyer has defaulted.. He has defaulted because of a $50,000 construction lien. We are getting a summary of judgment and the property will go through a tru...