Brandon Ly
What would you choose? SB9 vs. ADU vs. Home Addition?
Hello BiggerPockets Community!I have a property that I purchased in LA county that has a ~12,500 sq/ft of flat land (12,500 Sq ft lot) with one existing primary residence (1200 Sq/Ft)I hired a architect to design an A...
Sean Linnehan
Seeking recommendations for banks to use for multiple bank accounts
Each of my rental properties is held by its own LLC, and each LLC is owned by a holding company that sits at the top (which is owned by me). Each LLC needs its own bank account, but as I scale, I am looking for a bett...
Jason Turgeon
Middle-income senior housing strategies
My wife and I have aging parents, so this is something that's been on our minds anyway. Now this article in today's Boston Globe discusses the huge need for affordable housing with resources for some sort of assisted ...
Shea Spinelli
We inherited a Hoarder
We recently purchased a 12 unit property with no vacancies. We have good tenants as far as I can tell except one. We have a hoarder. Three of the tenants have a lease and we're getting the others under contract. The o...
Alecia Loveless
Raised Rents Now Tenants Making Demands
I bought a mismanaged and neglected property with rents that were 1/2 market value. 4 of the 8 units are month to month so after a month of ownership and being onsite and starting to turn things around I’ve sent a not...
Ryan Boyce
Due On Sale clause
I heard Clay Huber's podcast about land contracts and have a question. 1)With a due on sale clause in a mortgage can you get a writen approval from the bank to do a land contract for owner finance? 2) Can you do a own...
Sam M.
Everybody is afraid of the NMAR
NMAR (Northwest Montana Association of realtors) The title company told me this morning that the head of NMAR just sent out a memo (haven't seen it since it is confidential????) declaring SS double closings illegal!...
Logan I.
Can a 5th+ mortgage/FHA
Hi All -Must an FHA loan be one of your first 4 mortgages or is there no relevant restriction? To put it another way, can a 5th+ mortgage be an FHA loan? Are there any other relevant considerations surrounding the num...
Bill B.
Broader View
Hello,
I just received some very good and fast help from Marco Santarelli. Based on his help, I'm backing up to see the bigger picture that I may have missed. I know that there will be many differing views on this q...
Mike Purvis
"legal duplex" vs. "non-legal duplex"
Hey guys,
I'm looking in the GTA for a duplex or a triplex. I see a lot advertised as a non-legal duplex but still advertised with multiple units. What are the legal issues of renting out a unit in your house...