Kevin Leahy
Best Bang for $900k in D.C. Area? Helping Parents w 1031 Exchange
Diving right in with my first post.. My parents want to buy a property in D.C. for around $900k. This is a 1031 exchange -- they're selling a rental property in San Diego, where they live. I live in D.C. and would man...
Scott Trench
What Did Your Parents Used to Say to You as a Kid?
My Parents used to give me all sorts of random advice. I'd love to hear some of the funnier/more meaningful ones that you guys got/give to your kids. Here are some favorites we talked about here at BiggerPockets tod...
Eric Schrader
PA Rentals, How do you account for school tax in your rents
Hi everybody. As a resident of PA, I have a fairly large sized school tax bill I have rolled into my monthly mort. Of course the $ amount is based on the area and the govt. assessed value of the home. How does one ...
Jennifer Hollstein
Renting a 2BR to a Parent with 2 children of different sex
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 ...
Mike Sanders
Should my parents rent or sell their house? Need long term advice
The main question I'm asking here pertains to what they should do with their house, but really we need to put together a plan for their retirement. At 59 and 57, they're getting a very late start. **Overall Picture***...
Ben Randazzo
How to start parent LLC in WY when you live in WA
I live in WA and heard to set up parent LLC in WY. then I can sub off of that one. What is the best way to go about doing that? Thanks in advance for any tips and help.Ben
Tyler Dufty
Is this a bad idea or what? (Buy with fiancées parents - Canada)
Fiancée and I will be first time home buyers in the near future. Her parents have proposed the idea of selling their house and using the money, combined with ours, to put towards a property for us. They would put up ...
Alan Hernandez
Best way to transfer a home from parent then turn to investment
I am asking this for a friend in Kentucky that is now interested in starting in real estate. My default answer was "Talk to an accountant or attorney that specializes in real estate." That said, his mom moved from Ala...
Angie Shires
Should I have my parents sign a Lease to show the bank?
We are about to purchase our second buy and hold. The first one is occupied by my parents right now, and they pay no rent. They are elderly and will be there as long as they are able. In exchange, they help us out in ...
Leonel Almagro
Parent’s can’t get prequalified for a loan but got 70k in savings
Hi everyone,My parents did not have financial knowledge so they never built up their credit. They want to invest their money and get a duplex or house hack. I currently own a house that is rented out and I just closed...