Oliver De Ausen
Quit Claim Deed with or without a Lawyer?
Curious as I want to deed my property to my LLC, can I do this myself? Deeds.com has a checklist for each state -> county -> city. It seems straightforward. I am aware of the due on sale clause also the recent ...
Brandon Rush
Vermont Multi Family Rental Markets
Hello Everyone,I have been traveling up to Vermont for a few years now and thinking of investing in a cash flowing multi family town. Does anyone have suggestions? Visited Burlington a few weeks back and loved it. Loo...
Colby Wartman
USDA Mortgage Question
Hello, I will try to keep this as short as possible but provide all the details needed. Wife and I own 2 properties, we are mid 20's—one investment property STR in the Black Hills. Our second is an owner-occupied home...
Michael Seidler
Bedroom Conversion; Adding a Closet?
Hello,I recently purchased a property in Las Vegas. I purchased the SFR as a 2 bed/2 bath, but it has a 3rd room that is an office. There is already a cutout where a closet could go simply by framing it in.If I add ...
Jeff Mitchell
Deprecation never taken and can't claim rental losses
Hello,
I am asking this question for a co-worker. He bought a rental property 15 years ago and has never taken depreciation on that property. Not clear on the reason for not taking it, I think he just had a bad accou...
Account Closed
Continue investing when people is leaving?
I'm already investing successfully with positive cash flow in Real Estate with no vacancy rate in all my properties, but I have a concern, people are leaving this island (Puerto Rico, the Detroit of the Caribbean) ...
Ron Burgundy
Am I wrong to not consider SFH?
Hi everyone,I am a new investor looking to purchase a small 5-10 unit apartment complex. There are not a lot of these available at the moment, so I'm getting very discouraged. Some people have asked me why I don't con...
Devin Sumner
Hello BP! New Member Intro/Action Steps/Goals
Hello Bigger Pockets Community!
My name is Devin Sumner. I’m originally from South Florida but I am currently living in northern California just outside of Sacramento.
About four years ago I relocated to Sacrame...
Chelsy C
Need help please, what is the best way to protect myself being sued by buyer?
Its my first deal, after a lot of issues and struggle, it finally under contract.
Today the buyer come back and asked a lot of repairs to be done it is the condition of removing the inspection contingency. And the app...
Paul Lee
Calculating DTI for owner-occupied multi-family properties?
Hey guys,
I currently owner occupy a 4-unit multi-family and I'm looking to purchase and occupy another 4-unit multi-family. I'm using Fannie Mae selling guidelines to calculate my DTI, but I'm still not sure if I am...