Jason Yarusi
SFH into an Assisted Living Facility
Looking at a large two story 6,000 square foot home. Kitchen on each floor and 7 bedrooms and 5 bathrooms. House is huge but its proximity to a major road diminishes its value and it is in a flood zone, which I am equ...
Thomas Manglaviti
Hard money lenders for foreclosures?
I am looking to purchase a foreclosed property at auction in NY. Are there hard money lenders who will loan me this money if I am looking to use the property as my primary residence? My thought is to use the hard mone...
Raeshelle C.
Can a MA LLC be an owner of a RI llc?
I'm going into a partnership with someone who lives in and invests in Rhode island. We want to buy a rental property together and the property is in RI. So if we create a RI llc to buy the property, can I put my MA LL...
Chibuzor Alumba
Bad First Investment - Beware Newbie Investors
Investment Info:
Single-family residence other investment in Winnipeg.
Purchase price: $195,000
Cash invested: $22,000
Bought another primary residence.
Tried to rent out my first primary residence. ...
Reinaldo Osoria
HELOC on Texas primary residence
Hi Everyone at BP,I'm thinking creatively here, I have two properties in San Antonio Texas. One has been a rental since 2015, and the other was a rental until May '22 but I now reside in it. My rental has substantial ...
Michael Gibek
$1.1 million mortgage interest deduction post new tax law
Before the new tax law, the interest on up to $1 million on a mortgage secured by a primary residence could be deducted on scheduled A. Likewise, the interest on HELOC up to $100k could be deducted in the same way. I...
Patricia Galea
Can I 1031 exchange a duplex if I live in 1 unit (my tenant lives in the other)?
I built an ADU in LA and live in the front house. The former garage is now a single apartment and has been rented out to my tenant since 2021. the ADU is legal - was built with all the permits and has a CoO - and has...
Chris O.
Tenant has 14yr old from previous marriage move in
I have a 2 adult/2 kid (6/9) family living at my 3bed/2bath rental for about 18months. Rent is always paid on time, and while the family is messier than I like, they are not dirty (more laundry and toys etc everywhere...
Mike Nelson
Any Investors RENT their personal residence??
Was wondering if any other Investors on the forum rent their apartment or home vs owning. Im thinking of selling my home based on the cost of living rather than the luxury of owning a home. Honestly, I dont care an...
Cheryl Mack
Toledo Water Billing Strategies
Hello Fellow Sufferers,I am reaching out to the BP community for feedback on how you handle water billing in Toledo. We are trying out use of Landlord-Tenant Authority Forms and waiting for results. Backstory: We hav...