Step Stheph
Can I develop the lots under my primary residence ?
Hello all and thank you so much for maintaining such informative site. I am in TN and live in a home with its yard that turns out contains 4 lots. These lots just need to be reinstated and can be built on, a home on e...
Yaniv Kehat
Title and code violatiin
Hi.I'm international investor in milwaukee.I found an interesting property and the seller sell it in as is condition and gives me a warranty deed. As is means only physical property or also legal stuff?Does title clea...
Ben C.
House Flipping ROI Question
Hello,I will be financing my purchase and renovation costs (with a down payment of course) and was wondering in calculating my ROI….Do you calculate the ROI as the total CASH out of your pocket (Down payment, closings...
Vlad-Stefan Marcu
Tax Deductions for a Live in Flip
Hi all,I am planning on purchasing a SFR with the intention of living in it for 2-3 years, making upgrades, and selling when I move out. Would this be considered an investment property where I can deduct depreciation...
Greg Betts
Selling and building in Boise Idaho
Hello BP, looking for some advice.I bought the 3bd/2ba house as a primary residence for my family in 2012. Last year 2020 we purchased another SFH and converted the 2012 home to a rental. After a year of renting to a ...
Maria D'Aura
Tenants, Dogs, and Insurance company - what can I do?
I bought a property with tenants in place on month to month lease as lease had long expired. One tenant has 2 dogs I never saw when I toured the place and there is no pet addendum on the old leases that I was given. M...
John Matthews
Builder's Risk Insurance vs. Homeowners
I just read this thread: http://www.biggerpockets.com/forums/95/topics/118902-builders-risk-policy and I think we're in similar situations. My HML requires builders risk. Another lender that I've been working with rec...
Wade G.
What Do You Think About These Numbers
I am tired of buying properties that basically need to be gutted. I am a landlord that has in the past bought SF properties like a rehabber would but instead of selling them I keep them as rentals. This is sort of a...
Daniel Porter
Is an 8.5% Non-Qualified mortgage too high?
Hi y’all. I’m trying to buy my first home in south Dallas. This will be for a house hack and to start building equity every month. I’m not a traditional earner, I’m a self-employed musician, and in order for me to get...
Abe Homulo
Want to understand RE market in USA (I'm Canadian)
Hi bigger pockets,I am an RE owner in Ontario, Canada. I encountered bigger pocket a month ago, and have been following, reading, and enjoying myself here. I come across many investors in BP referring to multifamily/r...