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I am buying my parents high end duplex in Southampton,Pa in June with an FHA loan. I have a probate property that fell in my lap in Philadelphia that I can get for 50% of FMV, but I am afraid my money will get tied up...
My parents are cleaning up the house of my deceased grandparents and planning to put it on the market soon. Before that time, I want to see if a co-worker I'm friendly with with a long, expensive commute would be inte...
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I'm looking to house hack in college and will have enough money to do by the time I'm ready in about my 2nd or 3rd year with about 40k by then however with such a low income do you think there would be any hope gettin...
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For me it's a NO if the adult tenants simply don't have enough income or a low credit score. I've only done it for students, recent grads, or recent immigrants. I just said no to a family of 3 with only 2.4x the rent ...
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Hi All,My name is Jason Huang and I am from Surrey BC Canada. I live in a high rise condo just beside King George skytrain station which I bought in 2013 with the help of my parents. I have been working 9 to 5 for a f...
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I graduated from college in 2013 and started my job as a junior real estate analyst in January 2014. I've been saving $1,000 per month and am proud to say that I've reached my goal of $20,000 to purchase my first inve...
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Hello BP community
I am a landlord to single family home in a college area in Ohio. I have 6 ladies that all signed a lease and each have a guarantor. My lease states jointly and severally for each tenant and their g...
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Ok, so my parents just bought their first rental property and they just want me to take care of the management of the 3 units. They are held under an LLC that I am not a part of. Would it be illegal for me to manage t...
Hello,Can someone please explain how I go about re investing money with a 1031 exchange? Do I need an attorney? And is there an opportunity to keep any of the money for myself tax free? Or do I need to put every penny...
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Hey all,
I was curious to know when opening an LLC for a rental property, what the stipulations are. Do the names that are on the deed/title of the property have to match what's on the LLC?
For instance, if my pare...