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If I have personal loans from family and friends (to invest in real estate), can I deduct the interest I pay to them? I recently learned that there are some interest expenses that you can't deduct, and was wondering ...
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Thanks in advance, this is a long post! My tenants requested to break their lease due to threats made by one of their family members ex-boyfriend. Apparently this ‘ex’ worked with my tenant and was fired for making ...
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Hi BP members, I have an issue with my rental property, and wish to ask for your guidance. I have a rental property and currently occupied with renters. Recently, the new neighbour next door let homeless people (his f...
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Looking to flip (or possibly BRRRR) a property in the Chicagoland suburbs, but it has failed many things on its municipal inspection (really no surprise - it's a highly distressed property). Here is my question to tho...
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that is my question. :crazed:
and if so, what type of residential properties offer the best overall experience? Lower, middle, upper class rentals? Single homes or doubles? Section 8? Use management or self manage?...
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Hello, I'll try to keep it short. Essentially there is a property management company that finds investors to pay for the build of duplexes that are then sold for 30%-40% more than the cost to build. Appears to be a we...
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I get involved in A LOT of side discussions (when a thread goes off the rails and away from the original post) on BiggerPockets. Whenever it happens, it happens because an investor either doesn't like the delivery of ...
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How do you guys react when someone you know very well (fiend, or relative or someone at work) complains about money
(particularly by saying "We're in debt, but who isn't? Everyone lives like this, we're no different...
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Hello to everyone. My name is Jose Diaz from Miami, FL. I am currently a Licensed Mental Health Counselor in the state of Florida. My wife and I are looking into using real estate investing to provide us with the o...
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Hello All!
I have been reading in the forums for a couple of weeks now. Here is my story:
I am 34, a wife and mother of a 16mo old daughter, and work as the CFO for a small real estate development company in San Di...