Hello all, I have a dilemma. I spoke with a motivated seller recently about purchasing their home. She inherited it 10 years ago, took out a second mortgage and a heloc. she cant make the payments due to her husbands...
Material Participation Activities:
Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.
Contractor Management: Oversee the hiring and coordination of con...
I have been researching residential assisted living homes. Essentially purchasing and converting a single family home into a home that will house 8-16 seniors and provide caregivers, etc. Does anyone on Biggerpocket...
Hi everyone, A tenant has brought to my attention she wants a esa for medical problem at sfr I rent to her. So today I get a text with a picture of letter from an alleged medical provider (DNP-C). Missing from the ...
I'm 23 years old and currently living with my parents working odd jobs, have an associates degree (in liberal studies.. yay), 0 debt and perfect credit. I've always wanted to get involved in real estate and would like...
That's right, guys - the Big 40!Shit hurts that I didn't know I had. Kids are still young. My works in life are nowhere near being done. I've got more headaches than ever before.And yet, statistically - I've got mo...
We were hit with a bit of bad luck this year. Our grown son became ill and we are the caretakers, looks like it maybe long term. I'm 64, plan was to retire in 6 yrs. Finances are screwed due to medical et al. Debt $33...
Hi All!
I am getting married next year and I am trying to ensure all is in order. I always writeoff my rental losses each year
Ex. I make 80k and she makes 80k
My understanding is if your agi is under 100k you can ...
I was listening to the podcast on mobile home parks and that led to assisted living facilities. Both markets meet the needs of a growing population of the underemployed, retired and aging populations. Does anyone hav...
I'm a total newbie. I've never purchased any real estate before. I want to make a bid on a 6 plex. My question is concerning the inspection. I understand it is expensive to have it inspected. What happens if it do...