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Results (110)
Stef Klynn NH owner occupied triplex insurance nightmare.
22 January 2019 | 23 replies

Am I the only triplex owner living in insurance hell? Is it NH?

Three years ago my insurance company demanded that I get a licensed electrician inspection. $550 down the drain, results = 1 jumper to hold ground i...

Sasha Fukuda What would you do if you were me?
29 November 2021 | 23 replies

Hey, so I've recently discovered biggerpockets. My financial situation is pretty unusual. I have a good credit score, family members with some money, $200,000 in stocks, bonds, and crypto, and i've started saving betw...

John Malone Recent Tax Court Case on Failed Real Estate Professional...Again!
1 June 2023 | 7 replies

A recent tax court case shows why the IRS is so successful in winning REP cases against taxpayers.  The case Gregory F. Teague et al. v. Commissioner was pretty easy for the IRS to win.  Honestly, quite surprised this...

Brian McCarter How to apportion costs of rehab when renting out rooms in home
2 April 2013 | 9 replies

I wanted to see if there were any tax experts who have ever rented rooms out in their home. The answer my enrolled agent who is not a real estate expert gave me did not seem to make logical sense to me and I wanted to...

Scott Passman Tenant wants 220v outlet for clothes dryer
3 March 2020 | 14 replies

I have a tenant requesting the current 110v outlet be upgraded to a 220/240v outlet for her clothes dryer. I've had previous tenants use a dryer with no reported issues. What is your experience with this? Is this some...

Michael Blakeney BRRRR refinancing w/o seasoning
20 January 2019 | 6 replies

We are in the greater Philadelphia area. Closed on first two BRRRR deals- looking for lender , any recommendations of someone who can do lower loan amounts without seasoning.Bought two properties cash in October 2018....

Shaun M. What's the coolest thing you've found in a property?
10 December 2019 | 139 replies

I was cleaning out the basement of one of our rentals...
I saw something stuck in a corner behind a bolted on rack of shelves. I couldn't quite get to it and had to unbolt the whole unit from the wall. Worth it.
Unc...

Frank Redman Buying your first deal out of market
12 November 2020 | 17 replies

I currently live in the Boston area and I am looking to make my first rental purchase within the next 12 months. But with the Boston area being so expensive I would likely have to save for a few more years before I'm ...

Daniel S. Is real estate investing just like a new gold rush?
21 April 2017 | 13 replies

It seems every 'financial freedom' or 'financial independence' podcast and blog recommends people to own real estate to attempt to get cash flow out of it.  But how long can this continue?  Property values have risen ...

Matthew B. Getting City Permits and Doing the Work Yourself
20 September 2017 | 85 replies

I have two duplexes that need the windows replaced. Me and my Dad are planning on doing the work ourselves since we know how to do it and we can save a substantial amount of money. The problem is getting a permit from...