Joshua Dorkin
We've got a need for speed . . . BiggerPockets Cuts Load Times Significantly!
We've made some changes today that I'm guessing you guys can already feel.
As we continue to improve BiggerPockets, speed it always at the front of our minds, and today's changes have produced a significant increas...
Dina Harleth
Type of insurance for primary residence that will become a rental?
Hi everyone,
My father recently gifted me the house I grew up in, and I found out that there is no insurance on it. I am trying to figure out what type of insurance to get given that I am currently living in it but...
Justin Youngblood
Should all adults named on lease have to apply and qualify?
Do all tenants going on the lease need apply and meet qualification standards?
Kat Theo
Convert a Commercial Property into Residential
Hello there everyone. There is a random dentist office that has been sitting in a residential area next to my house for the last 10 years vacant! The owner died and it seems they tried to sell it a few time but with n...
Rich Jordan
Refi + 1031 Exchange: How is it treated?
CPAs of BP,If I cash-out refinance one of my apartment buildings in, say, year 2......does that change my basis if I attempt to 1031 Exchange down the road, say, in year 4?If not, am I expected to come up with that eq...
Dominic Balconi
Monthly Rent Renewals, Or Leases, & For How Long?
Do you have your tenants renew on a monthly basis, or do you do leases? If you do leases, for how long? 3 months, 6 months, 12 months, 36 months? Why did you choose what you choose and have you considered changing?Tha...
Rao V.
Bath renovation for a flip
Hi,I have a bath renovation going on for a flip. Can you guys suggest if a washer dryer in a master bath is a good idea or not? They will not be in a closet but may be separated by a 4 feet wall on the side.The reason...
Nicholas Armstrong
During Older Duplex Inspection, Creepy Discovery.
I need help!So I recently got an inspection done on a duplex that we will be closing on next month.We climbed into the attic hatch and it was completely open, nothing dividing the two units' attic! Which brings up two...
Susan O.
I have 8 more days to complete 1031 exchange.
Long story short this should have closed last week, but some crap came up from the bank underwriting. We're basically trying to save about 100k in capital gains tax so this is very important.....I'm on day 172 of 180...
Joseph Lyons
6 Unit Multifamily Insurance
I’m closing on a 6-plex in Des Moines, Iowa, this November!!! Built 1890. Older roof. All units on separate meters. Seller has done a good job of keeping up with electrical, plumbing, fire safety, HVAC and general upd...