Hello all,I am in the process of purchasing my first rental unit and my parents have agreed to help me with the down payment on it.  Doing some reading and it suggests creating a promissory note set up properly so I c...

Hi, I have a duplex rental for 4 years but I have never set up an LLC, so I claim that as passive income on the schedule E. I want to acquire more properties and be more involve in real estate investments, I know abou...

My parents own a 0.58 acr business property on a main road that is growing. Their building is in poor condition. The neighbor has 0.17 acr with a run down non approved duplex. Owners are a dad and a son who own 50/50....

Hi all. This is my first post on bigger pocket so please forgive my ignorance. A little bit of background, my parents and I are currently looking into obtaining a residential rental property. We are in Toronto, where ...

Hi BP! I'd love to get your thoughts on the feasibility of this plan:My wife and I own a condo that we got on a FHA loan for 135k. Comps in the area are on the rise, with the latest being 195k for a smaller unit than ...

My parents purchased a property back in 1994, which they used as their primary residence until around 2012, then started renting it out. They'd like to move back into the home and live there for 2 years before selling...

My parents own two rental properties that are row houses right next to each other. They were both purchased 20+ years ago for ~$70K each and have been fully depreciated. They bring in around $1050 each per month and a...

Hello everybody! My name is Shawn Strain, I am from southern New Mexico! My parents moved to a new town a few years ago, but didn’t have the credit to purchase the home they wanted. In order to get their house my gran...

Hello BP's family, my name is Larry A James, I found Biggerpocket through searching for answers to my question about investing in real estate. My parents and grandparents owned real estate investment properties in the...

Hey guys,I came here seeking some advice/support on this. I am a new investor who is closing on my  very first property (a house hack) within a month. Now the place doesn't look amazing, it needs some cosmetic work, b...