Hi, I wanted to know what the legal repercussions are of renting a home that you bought as your primary residence. My mortgage says that if I do this I could be fined or even enprisoned for lying about the occupancy. ...
Hey folks. I am looking for ideas/strategies on how to best manage property management when one is OOS. Here's the issue: I've been with a property management company for the past 3-4 months. There's always something ...
Hi BP,I have a real knot in my stomach with this one. I have been renting for 6 years. And have never seen something like this. I know this pales in comparison to some of the war stories on here. But I really need hel...
Hey everyone! My name is Krishna! I am a full-time ICU RN in NYC! I have always been interested in purchasing a home but have always been intimidated by the whole process. However, I recently picked up this book by Br...
Hi REALTORS,This is a question about a real estate transaction in Colorado:While most of my conversations usually surround real estate investment strategies, this time I have a question in regard to purchasing our nex...
So I am at a crossroads right now and would like some feedback. Currently, I rent a place out with a FHA mortgage t 3.75% owing $182k on the loan for a place I bought in 2011 for $205k. I pay $2100/year in PMI and r...
What would you do to avoid a negative cash flow?I m planning to buy my first rental investment property in north TX and need to get a loan.What are the strategies you would suggest to avoid negative cash flow?I m thin...
I am looking to purchase an 8 unit apartment building in a good area. Purchase price is $350k, with 20% down puts me at $70k invested (before closing costs) and $280k financed for 15 years. Property gross income is $6...
This roofer has done a big project for me before. Lots of good reviews. Licensed and insured.
I signed a contract for putting in a roof for 12800 total and 7000 down. I paid him 7000 via check. Received this email ...
Hi to all,
I had a consultation from a referred lawyer (here on BiggerPockets) a couple of days ago. The Youtube videos and a few reviews were excellent.. but the person that I had as an advisor was a "presenter" no...