Josh Oates
Buying Parent's house / Owner financing / Renting back to parent
My wife and I are trying to buy her father's house, move in and he would continue to live in the house and pay us rent. First issue is he is now divorced and ex-wife is still on the title and is entitled to half of t...
James Bailey
New idea .. Do you think it can work? would love suggestions
Hi all, I'm up in Alberta, Canada and it gets pretty cold here in the winter. I have buy/holds and I do some flipping but the market really slows down in the winter and that's not a time that I want to try and flip a ...
Marvin Long
Gift cards for Tenants
Thinking of giving my tentants gift cards for christmas..$25 to $50... anybody do this??? It is the season...Happy holidays
Tom Freestone
Newbie hosting question
I have a guest who shared with me that they are celebrating their wife’s birthday. I thought putting out a birthday card with a $25 visa gift card would be a good touch to get the 5 star review. Is that a bad idea?
Schadrac Mertis
Using other ppl money for down payment
Friends and family would like for me to invest their money for them. However, I don't flip I buy and hold. so I how would structure a deal where everyone can win? Price of homes 100-150k down payments range from 20-40k
Patrick Burand
Gifting Down Payment for Investment Property
Hi All,My friend is purchasing an investment property and needs 40K for the down payment. He is currently cash poor until one of his other properties sells (it's currently on the market). I planned to gift him the d...
JC Johnson
Rental lease tax strategy
My client has a paid off house in an affluent neighborhood in a nice suburb of Las Vegas. It is a relatively luxurious place and could rent for a significant amount. He is considering leasing to his son, who is in a...
Ryan Bird
Year end letter or gifts to tenants
Just curious if anyone here writes holiday greetings and or provide gift cards to tenant during year end/ new year. Debating if I should give a gift card to the tenants who have been super nice.
Chris Smith
Mom owns paid off property - need options to invest
Hi BP: Mom inherited property, paid off, valued at ~$120k. Cash flowing only $600/month due to the other rental house being run down and now unrentable. (there was two)
I'm trying to get creative to leverage the prop...
Steve Rory
Creative 1031 or bad idea?
Hi All-I have a single-family house with $170k in equity.We want to build a cottage and thinking of starting the process. The cottage land is owned by one family member who would gift the land. The other family member...