In my area in NJ a single family house rented to one family usually does not cash flow.I am thinking about buying a house from 2 retired brothers who live in single family house: one brother lives on the top floor and...
Dear BiggerPockets Community,
I am new to BiggerPockets here but would like to ask for some needed advice. Our daughter was recently laid off and is struggling to find work. However, she has savings that she's kept o...
Today we entered into a contract to buy a 3 bed 2 bath House in Kansas City Mo for $145k. The house will rent for $1500 to $1700 per month.I’m teaching my daughter how to create a monthly budget and will set up a sepa...
I’m a New Mexico investor visiting Seattle to help my daughter has an immediate need for an affordable apartment, condo or small house to rent. After a week I realize I need help navigating this market. My daughter ...
Years ago I learned that when everyone is headed in a direction that you need to pay close attention to what is going on to avoid pitfalls. When my chiropractor started telling me that he was going to buy two rentals ...
Rather than bore you all with the details, just suffice to say that I cosigned student loans (both government and private) for my daughter's college. Of course as a cosigner, these show up on my credit as loans as wel...
My husband and I are trying to help our daughter earn some money. She has some experience doing Airbnb, so we were thinking to rent one of our properties to her, and then let her fix up and furnish the place for short...
First pass at something like this. Is it legitimate? What are the pros and cons ? I've read online that the payee should be on the lease as well. Red flags ? This is in Michigan if that makes a difference.
Rent is 6...
This elderly tenant signed the lease for one year. Paid first and last month rent. Started to move some boxes and light furniture in the next 2 days. On the 3'rd day, I received a phone call from her daughter who rep...
Hi:I just bought a rental property a while back and it is now vacant. My daughter is a college student and she asked me if she could rent a room in the 3 br house and find other students to rent the other two rooms. ...