I received an inquiry from someone wanting to view a 1bed/1bath apartment with 452 sq.ft. It's very clearly labeled and described, plus the pictures make it clear that it's a small apartment. Here's the kicker: her an...
All,I'm abot confused and reaching out for advice.I found a portfolio that the owner had passed years ago. The properties have been in his name for nearly 4 years.I reached out to his children 6 mknths aho, who said i...
Hello,
I am an entrepreneur having issues qualifying for a conventional loan. After doing research I learned of the DSCR loan. My question is, if I acquire a property via a DSCR loan on my own, does my spouse have an...
We have a recently divorced applicant wanting to rent a 2bedroom apartment. He has 2 children boy age 9 and girl age 13. He does not have the children full time but he does weekends and other random weeks.I was under ...
I have 4 properties, does putting them in an LLC and having Children as members in the LLC prevent them paying inheritance taxes since properties are a business and children are members in the business.
Hello! What would you do if you were setting up a Trust for your children and LLC? I want to make sure I have my head wrapped around this well, so that I set things up correctly for my children’s future. Here’s the st...
Hello, so I've been talking with my kids mom about purchasing a home, with the intent on passing it down to our children. I'm not sure if this is a thing that people do, but I figured that I would ask. Would we just...
I've got a young couple living in a SFH built in the 1940s. Many of the walls in the house are masonry, so replacing plumbing is prohibitive. The bathtub has the old style valves—one for hot and one for cold, and t...
I purchased the Biggerpockets landlord forms and has some questions on the lease itself. Would really appreciate if someone can help if you used the landlord forms before. In Section 1 Parties and Premises, where the...
Hello All,We are in escrow on our first investment property in San Diego, CA. I was reading The Book on Managing Rental Properties by Brandon and Heather Turner. In chapter 4 "Fair Housing", they speak of a case were ...