Question regarding a property held in a irrevocable trust.Home value is $750K, owned outright by the trust - no mortgage.A family member lives in the house, no rent is charged.Meanwhile, the trust is paying for the ma...
Hi Everyone - we have a MTR in Memphis TN and are looking for clarification / advice on the rental license from others who have MTR in the area.I see that the Memphis requires a STR permit, but they define a STR as "r...
Hello, I am a total newbie wanting to do my first house hack. I have great credit, some liquid and looking to find a deal towards the end of the year. I've started looking at sources for deals on duplexes and I ran ac...
I recently inherited a old wood frame house that is in very bad shape in Daytona Beach. The roof is leaking, foundation is sagging, with very low ceilings, wood is rotting in certain sections, and the roof is flat. I ...
So im looking at a deal and it will easily meet the 2% rule but honestly not sure if house is worth the money but in that case should you still purchase?
If I made over $200k in 2020, and I've already made well over $200k in 2021, and I expect to continue the trend, do I qualify as an accredited investor? Or did I have to make over $200k in 2019 as well? It seems to de...
I am doing a lease to own. The client is planning to purchase after year 1 or year 2. I am writing into the contract a clause that says if the house appraises for more on year 3, the purchase price will reflect 50% ...
I currently have a SFR undergoing renovations that should be complete by mid-August. I purchased the property using hard money (including financing most of the renovations) and now I am trying to decide whether to fli...
Hello Everyone,My with and I are new to Bigger Pockets and Real Estate Investment. We are interested in building a portfolio in the Gulf Shores/Panhandle FL area. In doing some initial analysis I'm seeing property som...
Long story short:I went into business with some friends (we started a boxing club), and things have gotten sour. We've moved to dissolved, and in doing so plan on liquidating our assets. Here's where things get hairy....