Elford Stephens
Help!!! Tenant moves adult daughter and grandson into 1 bedroom
Hi BP,We are new to property management. We took the leap last February and purchased our first duplex. There are two one bedroom apartments. The downstairs tenant is an elderly lady. Per the previous owner, the ten...
Rachel Deering
How to structure home investment with loan in daughters name
I have been looking for an investment property and my 24 year old needs a place to live. She is in New Jersey and I am in Dallas. We are not in a position to just give her money and need our money to create passive in...
Justin C.
Tenant moved out daughter moved in. Trashed house. Current rent
I visited one of my rentals yesterday and verified what I thought was happening the last few months. I own a C- grade single family home that is currently renting for $650 + $25 pet fee which is about $75-100 under t...
Matthew Burns
Buying from daughter who doesn't own title? (Father passed away)
I currently have a deal under contract with a lady in High Point, NC. She has been living in the house for the past few years. The house was originally her father's, but he passed away a few years ago. He passed the h...
Omni Casey
My daughter's most recent BRRRR deal. Step by step Breakdown
**Hopefully some motivation for anyone just starting out.** I posted this on the BP Facebook Group and was asked to post it here as well.Growing up we never talked about money. It always felt like a taboo discussion. ...
Krysty Underwood
Taught my daughter the difference between an asset and liability
So my daughter has shown some interest recently in the investments I'm working on, and we had a discussion today about what is an asset and what is a liability. I told her why i was working so hard now at investment a...
Michelle Dalton
My daughter wants a home and I want to help
My daughter is fresh out of college. She has a great job. Steady income. Very financially responsible. She has been saving for years to have a down payment for a home. But her credit score is too low for approval for ...
Fay Chen
Daughter of Mayor charged with hiring friend to attack Landlord
So I was considering househacking in Inglewood (a city close to Los Angeles). Many would say it's up and coming. The property value has gone up since the announcement of a new football stadium. It's one of the few pla...
Jim Goebel
How to get $500 stimulus for daughter born in 2019
Hi!
This question is for folks keeping up with the upcoming stimulus. It sounds like the IRS is administering sending funds for folks, at that $1200 / person + $500 per kid/dependent. The trick is we haven't filed ...
Mike Ash
Rent home to my kids
To summarize a long story: Daughter & her fam moved back home (with wife & I) in 2019 after son-in-law laid off. Covid hit in 2020 & he got back to work in late-mid 2020. My wife talked about selling or re...