Rich Moore
Should I LLC for all my investing ventures?
Bigger Pockets has really opened my eyes to so many possibilities and strategies of how to take ownership of my financial future. I'm so thankful for BP and this whole community.I'm in my mid to late forties and loo...
Monica McCaskill
Lending for Repairs
I just inherited a property in Wilmington, NC which I would like to use as an investment property. The property does not have a mortgage. I need to make repairs to the home prior to renting it out (~$15,000). I am loo...
Moises Silva
Finding Tenants / Charging Right Amount For Rent
Hello Everyone ,
Recently I put an offer in on a home in Houston TX , 4 units. After a bit of negotiation it was accepted and we are going through the process of closing soon. All the units have been recently renova...
AJ Satcher
Taxes Doubled On Property - Has Anyone Gone Trough the Appeals Process?
Hey BP Community!So I got hit with a triple whammy on taxes. I bought a house-hack last summer in which the sellers made significant improvement to the property. The tax assessment last year was based on the home's pr...
Cerise Goldberg
Tenant wants to move out before contract is over
This is my first rental property and my tenants want to move out due to family. They have 6 months left on their lease. Not sure what to do. Help!
Kyle Lewis
CapEx reserves included in expenses?
I've used a variety of deal analysis calculators and many of them include CapEx estimates/reserves in the 'Expenses' category, like this:Income - Expenses (including CapEx estimates) = NOIBut shouldn't CapEx estimates...
Brandon G.
One FHA Loan For Each Spouse?
Sometime this year, my wife and I plan to get a primary residence using an FHA loan. After we live there a year or two we plan buy a new home and rent that house out. From what we've read, FHA loans are great for peop...
Michael Bingham
Rent to own or hold out for full sale? Need selling critique
I purchased a 3/1 for $52,000 and I have added another full bath making it a nice 3/2. It sits on just under an acre lot in a great location. Its been sitting for a few months at $133,000. I recently met with my re...
Marvin Meng
How do you collect rent?
Actually, the title says it all. Right now I'm using a PO box that everybody mails their rent to. But late rent is getting blamed on the Post Office (which is possible). It seems like the 2020 there should be better o...
Tanya Bass
REO not listed
I've found a property that I may be interested in. It's gone to foreclosure and is now REO. It's not listed anywhere right now. Is there anyway for me to talk to the bank about it or do I have to wait for it to be ...