Daquille Ferguson
Cash out refi or HELOC
I have about 300k in equity in my single family home that I have never tapped into. I want to access this equity to invest into getting a second property. With interest rates on the rise I’m trying to decide if a Helo...
Peter Miller
Creative Financing Ideas
I recently met a woman that has 3 duplexs in a very desirable suburb of Madison, WI valued at around $1 million. She would like to sell them but are reluctant due to the amount of taxes she'd pay. She plans on passi...
Ryan Davis
My first rental property..how to vet tenants, and what to require
I am about to close on my first property on October 30th!! (Thanks BP for the inspiration!) This is a duplex that I plan to house hack. I have to do some remodeling that will take about a month but I will be ready to ...
Julie Marquez
Flooring For Uneven Floors
https://www.biggerpockets.com/forums/52/topics/947...This was a great discussion about flooring recommendations for uneven floors in an old house. The forum thread was from three years ago, and now I have the same que...
Cam Jimmy
BRRRR Tax question - Stepping up basis
When you complete a BRRRR, can you elect to have all of your expenses of the renovations be added to the basis of the house?For example - you buy a house for $100,000, and put $50,000 into it (Including repairs, maint...
Jobin Cherian
Duplex in the studs but location is in flood zone
hey everyone, I have a duplex that we bought about a year ago from a friend of ours. It went original owner>wholesaler>wholesaler friend>to us. We typically trust our friend since they have over 500 propertie...
Justin Hammond
Can I kick her out?
I bought a house in Pleasant Grove, Utah recently. The seller had a "tenant" living with them, but no lease agreements were in place.When I bought it, I told her I may be able to let her stay there while I remodeled i...
Cynthia Stith
Any suggestions on how I can add an exterior camera?
Hello!I am reaching out to see if anyone has suggestions/insights on how I can add an exterior camera to remotely view my out of state rental property. I'm not looking to do anything that would show the interior or v...
Richard Warner
Clean out/ trash out business…. Still a good thing?
Hello everyone! My name is Rich and I am from the Portland, Or metro area. Ive been browsing this forum for quite some time, very interested in real estate in general, and currently own and run an automotive protectiv...
Nick Ferrari
Evicting a tenant; Pennsylvania
Hey Bigger Pockets people!
A couple of the homes we are considering have tenants and the possibility of evicting a tenant seems likely. Keep in mind we live in Pennsylvania so if anyone knows the state laws or proces...