I have a family member who is in a tough buying situation and I am seeking advice on their behalf. To sum it up: 1. He put an offer in at $135,000 on a Fannie Mae home for that was listed for $125,000 and it got acce...
Just wondering if there could be any consequences on appliances or what not from power being shut off due to failure to pay the bill in the back unit of my triplex.Thanks
Hi everyone im looking for some help. I want to transfer my rental properties into an LLC, however, I was told it's not allowed for properties that have an FHA loan? Is this true?
If so, is my only option to transfer...
I am wanting some pointers on why this is a good or bad idea. I offer my tenants a purchase option after 1 year providing they pay on time every month for 12 consecutive months. Then I owner finance the property for 2...
So, Louisville metro council just passed an ordinance to start inspecting all rentals. I’m a small investor with 2 single family homes. Does anyone know the details of these inspections? What I’ve read so far hasn’...
Many of you have experienced a crash on BiggerPockets. The site is working fine, but our servers have been having issues with directing traffic. If you saw this image, then you know what I'm talking about.
I want t...
I am planing on Gifting a family member some $$ to help them with the purchase of an investment property. I was trying to find out if the IRS has any limits on this and if so how does it affect both my tax return and ...
The question is pretty straight forward....
We're selling our personal home with the plans of building a future long term home. In the meantime, we have the opportunity to live in one of our rental properties until ...
HelloI’m currently in the process of selling a home and am under contract to purchase another home using 1031 exchange.The home I’m selling is under mine and my wife’s name personally. I understand to compete the 1031...
Is the owner allowed to change mind after contract is Sold