All Forum Posts by: An Nguyen

They are older and prefer to not owe anything since they're selling their current primary residence, which they also own outright. My initial thought was to rent to them as well. 

 Haha yeah, second home for when we visit in-laws in OKC!

I purchased the property for $250k with 10% down and current balance is ~$228k. Would the most cost effective path be a FSBO? Are there any tax concerns if we do it this way?

Hello everyone! I purchased a home in Oklahoma City as a vacation home in Apr 2022 and am currently planning to sell to my in-laws who are looking to get out of their current home due to unforeseen circumstances. What is the best method to sell this to them to avoid tax implications and fees/commission? 

They have enough to pay the outstanding mortgage balance but not enough to cover my down payment (10%) and any appreciation. If we proceed with them paying just what's owed right now, will it be considered as sold as a loss? Any advice and information you can give me would be much appreciated! 

@Bruce Woodruff that seems to be the consensus from what I've seen so I have requests out to a couple of photographers in the area. Thank you for your input! 

Hi everyone! I'm starting to self manage my STR in Big Bear Lake, CA and need to have photos taken. I plan to use Airbnb as my primary platform initially but see that the site shows photos can be taken with just your phone. Is this a good idea or should I invest in hiring a photographer? Thank you in advance for any inputs you all have!

Hi Grace! Thank you for the response. My second property is in Oklahoma City. 

Hi everyone! I purchased a second home 3 months out of state to be able to visit my parents more. However, we are currently thinking it's better to move them to California to live with me. What are my options if I don't want to sell this property? Can I turn this into an investment property although it was purchased as a second home?