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All Forum Posts by: Katie Miller

Katie Miller has started 30 posts and replied 362 times.

Post: Newbie & long distance

Katie Miller
ModeratorPosted
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
  • Posts 459
  • Votes 636
Quote from @Radhika S.:

Hi!

I also tried biggerpockets/wheretostart, but for some reason the .xls would constantly keep opening skype files. What am I doing wrong here?

That is super strange on the xls file! I will DM you the "Where to Start" spreadsheet! you can open it on excel, numbers, or google spreadsheets.

Post: Cost to Replace Toilet Fill Valve & Supply Line: Is $365 accurate costs from my PM?

Katie Miller
ModeratorPosted
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
  • Posts 459
  • Votes 636
Quote from @Cory M.:

Good news. I got the property manager on the phone. It was mistakenly charged as if they had done each task as a different trip, rather than all of them in one trip. The cost should be getting reduced significantly.


 Good job saving yourself hundreds with a single phone call!

Post: $100k Inheritance - What would you do?

Katie Miller
ModeratorPosted
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
  • Posts 459
  • Votes 636

I'm curious what he ended up doing, but I would definitely suggest checking out this episode of BiggerPockets Money that talked about this exact subject! 

Post: Assuming the mortgage of my parents house?

Katie Miller
ModeratorPosted
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
  • Posts 459
  • Votes 636
Quote from @Carl Trube:

Howdy y'all! 

My mom would like me to assume the loan of her house to ensure it remains in my name. She and my stepdad would continue to live in the house and pay for everything (e.g., utilities, mortgage, etc.). Essentially I would become the landlord and they will be tenents. House is currently valued at about 400K. It was purchased for 193K. The remaining FHA loan is 120K. All of us have stable jobs and no other outstanding concerns. The family dynamic isn't a major concern.


Does it seem pragmatic? I'm vacillating because I don't want to miss out on any legal, tax, and other considerations (i.e., Does their equity transfer to me?). 


Maybe y'all can provide your insights.


I'm definitely not an expert here but I have seen this done before! 

I'd first triple check the loan can actually be assumed. I think FHA is always a little bit messier than other kinds.

Then, you should know that assuming ownership doesn't necessarily mean you own all the equity they built up over time... it's still your mom's equity. I think! At least until y'all make some agreements to clear that equity ownership like an inheritance arrangement doc. 


I don't know much more specifically so ask your CPA about gift taxes (I think she could give you $17k of gift money a year without taxes) or capital gains taxes if/when you want to sell. 

Tell us what ended up happening!

Post: Brand New - Under Construction!! Baby Girl Arriving April 2025

Katie Miller
ModeratorPosted
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
  • Posts 459
  • Votes 636

This is the cutest announcement. Congrats to you and your fam!!

Post: Calling Out The Welcome Trolls, The Cut and Pasters, and AI Posters

Katie Miller
ModeratorPosted
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
  • Posts 459
  • Votes 636

@Jonathan Greene: We have robust rules and lots of really helpful and welcoming mods that love getting rid of the spammers without shame. :) I think you'd fit in nicely! We don't take just anyone though, so we'll need to meet with you a bit first! 

Same goes for you, @Chris Seveney! I've been watching you contribute a ton lately! 

@Rene Hosman want to connect with Chris and Jonathan and see if they're up for the moderator challenge? 

Post: Calling Out The Welcome Trolls, The Cut and Pasters, and AI Posters

Katie Miller
ModeratorPosted
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
  • Posts 459
  • Votes 636
Quote from @Jonathan Greene:

Do you know who the welcome trolls are? Go into the new member introductions forum and watch for the same few people who say the same basic message every time someone new comes on the site. Don't get me wrong, providing a warm welcome is great, but these welcome trolls are just cutting and pasting the same thing to every new person, so their post activity looks sturdy. However, seeing their post-to-upvote ratio is abysmal because all they do is say welcome and add no value at all. But they aren't the only spammers currently infiltrating the forums.

There are also the cut and pasters and the AI posters. Both are obvious because no one takes that long to structure a post with headings and subheadings for one person; we all know it's cut and paste. Again, don't get me wrong, cutting and pasting obvious info may help someone, but I think it just jams up the forums. For those of us in the forums all the time, we see it repeatedly. And then the AI.

Listen, no one talks like AI. It's not conversational. It's the most obvious read out there when you see it. If all you are doing is asking AI how to respond to someone, you are not adding any value. You are just looking to get more posts up. What is the point of that? Did you also try to become the Mayor on Yelp of the local coffee shop when you were younger? Likely.

If you don't have the time to respond in your voice, based on your own experience, you probably shouldn't spend time in the forums just to say welcome only, cut and paste, or use AI.

I await the first "Who made you the forum police?" response.


 Hi Jonathan! Want to be an official moderator for us? :P

Post: Is it really possible to charge 2 to 2.5 times more for furnished MTR compared to LTR

Katie Miller
ModeratorPosted
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
  • Posts 459
  • Votes 636
Quote from @Travis Timmons:

@Moderators I spy an AI response from Drago above...

1. Bullet Points

2. Way too long for someone to actually type

3. Extremely vanilla and broad

Conclusion

Please stop AI copy and paste. I'd love to be wrong, but that just does not seem like something one would write out.

 It looks like we removed the post! Thank you for spotting these posts! @Drago Stanimirovic, we encourage real, human-made posts in our forums, and your response looked like it was copy/pasted from ChatGPT. 

Post: Can we stop with the ChatGPT responses?

Katie Miller
ModeratorPosted
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
  • Posts 459
  • Votes 636
Quote from @Chris Seveney:

@James Carlson Very obvious - paragraphs with headings and then a “in conclusion” statement at the end


 Or they capitalize the word "Real Estate" in every mention!

Post: Reading Brandon Turner - Rental Property Investing

Katie Miller
ModeratorPosted
  • General Manager, Publishing at BiggerPockets
  • Denver, CO
  • Posts 459
  • Votes 636
Quote from @Nicholas L.:

@Gary Stark

you should still house hack if you can.  the returns are long term.  


 Agree on this! We also have a book on this subject—something for everyone! https://store.biggerpockets.com/products/the-house-hacking-s...

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