Melissa Rudolph
When to make repairs?
Recently went in a rental property to replace air filters and discovered the tenants pets had damaged an approx 1' x 3' section of carpet. When should this be repaired? Repair now and have the tenants pay for it now? ...
Ryan Burlison
Using a HELOC to buy another investment property
Hi team- I opened up a HELOC a few months ago and was able to grab $127K. I have two rentals at the moment, and I am trying to scale my portfolio at a rapid rate. 2 starter questions-Q: How do I analyze the deal with ...
Joe S.
Attorney in Corpus Christi that can close fast need !!
Attorney/title company needed to close transaction in three days The property is close to Corpus Christi Texas. The seller is adamant that they have to close by this Wednesday in order to meet some financial deadlines...
Jake Silverman
How to properly get quotes on a cash out refi for a BRRRR
I have begun to contact banks to get quotes on the cash out refinance portion of my BRRRR. I got a quote from one bank so far and plan on getting a few more. When i say quote i mean i just told the loan officer "I am ...
Carolyn Richards
Turning home into rental, is 6 months long enough to rent before
We have owned and lived in our permanent residence for 4 years but plan to move out and turn it into a vacation rental for 6 months. Is 6 months long enough before selling to qualify for a 1031?
Steven Barr
How do I go about finding a "portfolio lender" bank in my area?
From my understanding, there are banks that will provide "in-house mortgages" that will offer rehab loans. These loans will roll the costs of the rehab into the loan, allowing you to cover the entire cost of the rehab...
Eldon Hongo
Non recourse loan with a self directed IRA to buy rental prop?
Any experiences with using a non recourse loan for a self directed IRA to buy a rental property? Pro’s, con’s?
Matthew Childs
Primer or Paint on Walls to Make Ready to Sell
Paint the walls or leave them with just primer?Here’s the story:My mom had to move out of her house this past spring. It was put on the market but the only offers were real low ball offers from investors. There wer...
Dre Carson
I want to invest so I can spend more time with my family
Hello Bigger Pockets world. My name is Dre Carson. My family and I live in the Chicagoland area. My wife and I welcomed our first daughter into the world a few weeks back. To keep this post simple, her birth changed m...
Lauren Heinen
Handling a future rental that is a primary for next 12 months
Hi! Looking for recommendations on bookkeeping/account management for a single family home. We are closing on it on Dec 21st and will live in it for a year, then rent it out as a long term rental. Are any of the repai...