I just finished adding a 2 bedroom basement (Garden Level) apartment to my house. We are 2 blocks from a large college campus in a town that is also a popular vacation destination. We posted the unit on Airbnb and Vrb...
Sorry if this is in the wrong spot. Might have shot myself in the foot. I have a single family primary that I’m working to get rented out, I refinanced it on a 15 year a 2.375% because that dropped my total interest o...
My agent thought I was insane when I wanted to buy the house everyone else had overlooked because of the *five* structures in the back yard. (So many sheds!) Well, I’m the crazy person with a creative vision and where...
What are you using? What is the standard? I'm using Apple's Numbers app because it came with my mac but I'm starting to see that Excel seems to be the standard. Should I switch over? I'm just making simple project bud...
Hello, newer member to BiggerPockets!I would like to know what are the best cities for short term rentals in Florida. I would be getting a conventional loan for the purchase. What I am looking for is something that wi...
I've heard this concept mentioned a couple of times now about a Property Management Company taking a small piece of a deal that they manage for the owner so that they have "skin in the game." Is this sort of thing co...
I wanted to see if anyone has been able to (legally) avoid paying self employment taxes on the profit from their flips. I met with an accountant and he said I would have to pay a 15% tax for self employment - essentia...
I don't think I know the answer to this question. SOmeone help me out: if you assume that you can raise rents 3% a year on your projection, should you be assuming that a) you will see 1-10% increases in insurance, ...
Here is my situation. I purchased an investment lot in 1998 for $145,000. I sold it in 2007 for $450,000 and did a 1031 exchange with the proceeds and bought another lot for $475,000 The market naturally has dropped...
I just wanted to get on here and bounce some ideas off of those who have any experience with the rent-by-room House Hacking method. What are some successes or failures you have had using this strategy? How can I feel ...