I and my contractor friend invested in a foreclosed home. Knocked it down and got the framing, roofing, plumbing done. We will probably need another 150K to finish the house. Title is free and clear of liens, no mortg...

Anyone ever have issues with their bank after not meeting their DSCR requirement?

I have a year one property where we got rid of multiple tenants and did some remodeling before filling back up with better ten...

Hi guys,

I spent 6 years as a tax accountant before I got to my current position (Director of Finance for a commercial real estate development company). I've been approached by someone who owns a rental property an...

I have a couple who have rented from me for over 8 years.  The wife has gotten into drugs.  The husband is a very responsible and a good tenant.  Wife leaves for weeks at a time and husband works and takes care of chi...

Hello all,We are doing a semi-renovation at an apartment and redid all the flooring.  Its a 2nd fl 2 br loft next to a busy local highway.  I was going to put in vinyl plank flooring in the living room, hallway, and l...

For those that don’t live near there properties, how do you know if you need to call the insurance agent if there was hail or another weather event

Hi All,I'm looking to get a HELOC ($200K). I have good credit, decent equity, and a good loan to value ratio. I've talked to BofA (they'll give me a good rate locked in for the first year, adjustable after that) and a...

Hello Everyone Thank you for reading my post,
I am wondering what percentage monthly, you guys allocate towards expenses such as vacancy, maintenance, and repairs. When you are looking at new properties. Thank you.

Hello good people of the BiggerPockets universe!
I have just closed my first deal in San Antonio an am having a ball. Growing up a poor child and being an elementary school teacher my heart goes out to those who d...

I'm rehabbing a beautiful, mid-century modern, single family home upstate, and I want to stay clear and on top of project management, as well as managing the financials, supplies ordering (for the supplies and fixture...