Greetings, my first time on the site, and I’m excited to get to know you all and hopefully be able to contribute. I’m looking for advice on purchasing a rental property for my parents. They are not skilled at managing...
Short story is that I've been taking care of various family members for quite a few years and have no income or credit. And even though neither of my parents is in any position to take care of their rental property (p...
As many boomers enter retirement and want to downsize any one have any experience renting to their folks ? Everything legit I mean, signed lease, fair market rent etc??
Thanks !
Hi Team BiggerPockets,Need some advice from the team... So my parents own a property in Florida where they have a lot of equity in this home and a very low amount owed on their mortgage. The issue that they have is th...
I've been talking with my parents about potentially buying their house to 1. free up cash for their retirement and other real estate investing 2. realize tax benefits for depreciation and the house is 30 years old and...
Hello,My husband and I are planning on purchasing his parents’ home and renting it out. The home in its current condition would sell for roughly $325K on the open market. His parents are planning to sell it to us for ...
My Friend and I are looking to purchase our first rental properties in Allentown PA. Any feedback and guidance will be greatly appreciated. As well as anyone interested in working together. We are always open to oppor...
Hello fellow BP fans,Happy holiday weekend!Parents will not qualify for a loan so we would like to buy home for them. If they are listed as owners or co-owners, loan guaranteed/signed by my husband and myself - will l...
I have applicants that wish to rent one of my units, their parents/in laws will be living with them for 2-3 months. Parents have visa and are not United States citizens because of this the applicants are requesting p...
Just starting out as RE investors - we have a CA C-Corp started via a ROBS strategy. We are looking to start Flipping in other states (TX, TN, NY, FL etc..) we have the question out to my CA CPA for the C-corp and wh...