Michael Lucero
Tips on house inspection before auction
I've identified a few houses to bid on during an upcoming auction, however, I wanted to hear some tips on how to inspect the house before the auction. Obviously you shouldn't break into the house and even stepping on ...
Dan Voykin
Converting a 4-plex into an 8 unit, does this make $$ sense?
This is the breakdown of the deal:1. I own a 4-plex (2-1 story duplexes side by side) with a-lot of equity.2. Get a Heloc on my property for a deposit to get construction financing3. Apply for a construction loan to b...
Spencer Wardwell
What city should I invest in?
Hi BiggerPockets,I recently bought a home in LA -- it was $600K and I put 3.5% down with an FHA loan.I live here and am breaking even, since I rent out the spare bedrooms to friends of mine.I recently came into some m...
Dan Krupa
GC threatening mechanic's liens but he signed a release of lien
Hey BP. I had a subpar GC. Late on work, not paying his guys, etc... I fired him and paid his guys myself. I have kept detailed notes, payment receipts for all draws, photographs, the scope of work, our contract, and...
Juan Ayala
Loan Contingency Issue w/ Realtor
BP Fam,Want to know your thoughts and what i should do with the following; currently under contract on a condo in San Diego to occupy. I did not mention to my realtor that i needed to refinance my previous property in...
Kellie Alkayam
Who maintains the yard on your rentals?
I have had a rental property in Wheat Ridge for a few years now, and I am about to have a second. For the past few years, I have paid a company to mow the lawn weekly, but their prices for general upkeep (maintaining ...
Kevin Lin
Buying vacant land with cash step by steps
Hi All,I am interested to buy a piece of vacant land in California (to use for my retirement years) which is priced between 5K and 10K, and I am planning to buy with all cash. The lot I wanted to buy is zoned for resi...
Sing Ho
Just settled on a multi-family apt today
Hi biggerpockets,
Wife and I bought a 5 unit apt building today and going to meet the tenants tomorrow to introduce myself to them and discuss the transition to being their new landlord. Excited as this is our first ...
Kailia Alexander
Buying a house after FHA duplex house hack
So I received advice that I’m realizing might be wrong now. My bf and I bought our first duplex doing owner occupied with and FHA loan. I was told that with our next property we would be able to get that 3.5% rate one...
Erik Bell
Insurance prices in high-risk areas - Forest Fires in the west
Hey All,Given the common reoccurrence of wildfires hitting the west, has this spooked or given anyone uneasiness that its not a matter of "If", but more of a "when" a natural disaster such as a fire could affect your ...