Mike Kalob
"Real" Contractor Accepted Payment Terms
It seems every contractor wants at minimum 1/3rd, 1/3rd, 1/3rd (or more upfront), despite advice on here to not put more than 10% down.I've scoured the General Contractor Payments in the forums and it seems the ones w...
Greg Maden
DSCR Loan question
I am up against my DTI ratio for a traditional mortgage and I have been looking in to the DSCR option and it from what I am seeing it looks like a decent way to continue to scale. Does anyone have insight on what the ...
Gabriel G.
Diary of a newbie
Since reading J Scott's diaries, I've decided to make one of my own about my endeavor in the real estate business. Hopefully I can get a lot of advice and also contribute to other newbies in the area. Long story long,...
James Wesley
Hot Tub Management - Complete drain and refills after guests
Hey there! I have a large STR property that can accommodate 19 people, that has a hot tub. It's only 4 months old, but I am finding that it has to be regularly drained and refilled due to how the guest use it or abuse...
Eric Wong
Is it possible to cash out refinance free and clear investment properties?
Hi! I used a HELOC to purchase two SFH around ~250k each as cash deals about 2 years ago. Are there any options for me to get a fixed rate loan on each SFH so I can pay back my HELOC. The interest rate on the HELOC is...
Dmitriy Fomichenko
How to supercharge your Roth IRA or Roth 401k
NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!
Here is why. If you do so - 100% of the cash converted is taxable. There is a much better alternative!
The alternative is to set up a self-directed IRA, or better,...
Joshua Dorkin
We Need Your Ideas: Help Rename the BiggerPockets PRO / PRO Basic Accounts
Hey guys --
It seems that some people are having trouble making a distinction between our PRO and PRO Basic accounts, and I believe that if we make a more clear distinction between the names, we can clarify a...
Dawn Wilkins
Companies that handle Landlord Insurance for Student Housing
Have a SF rental in Pittsburgh area. Looking to convert to student housing ie all undergrad. Apparently this is a niche market. At this point, looking for anyone to give me coverage. Extra glitch: House is jointly ow...
Ross Ellington
Real estate tax breaks
Good evening everyone. I'm I the process of closing on our first property through the VA. My question is Are there any tax breaks with purchasing a home. Being this will be a one year owner occupy before we can rent i...
Derrick Gordon
Having a problem closing fast enough.
I have been spending a lot of time searching the web for deals in Atlanta. I have found a few in the last 4 months, but I have not been able to close fast enough because my lenders take a min of 3 weeks. Are there le...