I had house hacked my homes walk out basement and after 14 months the City sent me a letter claiming I'm in violation of Code and referenced the use of "Bed and Breakfast" establishments not being an approved use of R...
Hello! My husband and I just bought a property. It was a large single family home and at some point 40 or so years ago was split up into 6 units. One unit houses the thermostat for the furnace which heats the whole bu...
I'm closing my first deal at the end of this month. I'll be doing all transactions from a business account set up under my LLC.Any recommendation on whether I should set up my LLC tax structure as a sole proprietorsh...
Hello everyone on bigger pockets,
I passed my real estate exam a month or two ago an now I'm trying to put the license to use but I've have this question for awhile now and I can't seem to find an answer.
How do I g...
Why do I like two bedroom ranches vs 3 bedroom on the residential side (over any other style) for long term rentals: A 2 bedroom and 1 bath ranch that is under 1,000 sq ft will usually be located in residential neighb...
Hi. I am wondering if its possible to changed a HELOC loan as in terms of the payment. It's 1% now even though the agreed upon payment was to be interest only. I got shocked when I opened the letter I recieved and was...
Hello,
I’m sure this has been discussed before but I have not found the information. I was wondering how long you must hold a w-2 job before you can be approved for an FHA loan?
A little back story. I am graduating...
These questions are going to be a bit random. Just asking them as they come to me. 1. What is the legality of renting a house "rent to own." Do I need to own the house free and clear or can I have a mortgage on it? I'...
Hello all,Tenants have left and I wanted to know if I could deduction from deposit for re-keying locks? I ask because I have 5 doors with locks. I looked at the Texas Rental Handbook, but it doesn't say if I could c...
Hi,
my name is Peter Halley. I am just getting started in real estate investing. I am mainly interested in wholesaling and flipping. Looking for advise on how to find deals other than the MLS. I am a teacher, but wa...