Hey BP community. I am trying to obtain a buy and hold multi-family unit in Philadelphia. This is my plan; I plan to receive a gift from my parent which I hope to use as a down payment for the property. Assuming all r...
This year my AGI was over $150k and therefore passive income loss limitations eliminated my ability write off losses from my rentals. I am not a real estate professional and I don't see that as a viable path at this t...
So here's the situation.
I inherited this tenant, let call her tenant A, when I first purchased the property back in July. It’s a triplex, I live there myself and rent the other two units. This is my first property...
My mom and I have a fantastic relationship, currently I live at home and keep the house up. I’m 26 unemployed because of Covid and have $30k in the bank. Excellent credit history and minimal debt. I want to learn real...
Hey All,Im doing some market research to figure out information for a business idea I have. I'd like to start selling closing gifts for realtors, and wanted to see if that was still a thing.If it is:* What type of clo...
A REI (introduced by my Realtor) spent almost two hours doing a walk through of a property I just purchased. She gave me some great advice and saved me from making some (additional) expensive/critical errors.
Any...
Hi!
I am new to real estate investing but have worked in property management for 5 years. I am looking at purchasing my 1st rental property from my grandmother. I live and work in Columbus, OH and the property is in...
I have been in talks with my parents about purchasing their current home and I'm renting at this time. Their mortgage is too high for them to afford but with my income/credit, I'd be able to purchase their property. T...
Hey everyone. Here's the situation:- I found a good investment property (lake front, small cottage) for short term rentals - $350,000 offer was accepted - My partner has the 25% down payment, most of which is gift mon...
Hi all, Well there's always a first for things and for me, it's being invited to my tenants wedding! I was totally surprised by this. They've been in my SFH rental property for nearly 2 years now (and are staying ano...