I was looking through a local property manager's contract and I found the following clause that seemed a bit suspect to me:"Owner shall pay all expenses incurred by Agent, including, but not limited to, reasonable att...

Hi!I purchased my first rental property for $610k (duplex) using an FHA rehab loan.  I also obtained a private money loan with an 11% interest rate to fund the rehab in the amount of $65k.  The income from the rental ...

Hello;Just wondering what some of you thought out best course of action would be.  Pretty simple setup:1. We own a house (a second house, not our primary)2. House is valued at about 120-140k3. We own about 48k on it.4...

I'm looking for a way to accept payments via a website or similar and was wondering what others use for this. Just trying to find an easy way for tenants to pay their rents without a hassle for them.  I know there's...

Duplex in Delaware currently in an LLC, but the owner of the LLC is a holding company. My wife and I are the only members of the holding company. We want to refinance in our own names, then transfer it back to the cur...

Whoop! Hi Biggerpockets,

So I'm finally 2 days away from closing on my first rental. :cool: Very cool.

Anyways, am I being shafted on insurance? I feel that this premium might be expensive for what it's offering. T...

Hey guys, how does taxing a trust works?
Lets say there is a paid off property in a trust that is worth 100K, and brings 1K per month per rent. So its about 12K per year in rent. But, lets say we spend 2 k per year i...

So I've got a choice on a $850k purchase price, 20% down place.  
Buy and hold, going to live for 5-6 years, eventual rental.  

What would you guys do?  10/1 ARM at 2.375% with about $1k in lender credits?
30 yea...

Hello everyone first time posting here. I know some of the questions I may ask might not be answerable but I'm looking at purchasing my first property. I've been doing alot of reading and looking at the formulas he...

So I am approaching my 18th birthday and once I graduate I plan on using an FHA loan and putting 3.5% down on a house hack. Here’s the issue... I’ll be 18, realistically the bank will need some credit history and repo...