We also have the tenants clean the carpet, windows (inside and out), gutters cleaned, lawns mowed and house cleaned before they move. They have no problems with that since that all done for them before they move in. ...
I'm not sure what the right question to ask but the gist of my scenario is that I'm purchasing a property with a DSCR loan this year to take advantage of 100% Bonus depreciation. I will be renting it to family. The ...
My wife and I have been investing for 10 years or so. About 5 years ago we decided it would be best if she stayed at home with the kids full time. During this time she has done a tremendous job not one with the kids, ...
I want to form an LLC but the two rentals I have we're properties I once lived in and I have outstanding mortgages in my name. Is my only option to get a commercial loan to form an LLC? Any help or guidance would be g...
Hi BP-
Thank you to those who take the time to respond.
I own a sfr with my parents that I’ve lived in for over 1 year. All three of us are on title and mortgage.
In a perfect world I’d like to rent the sfr...
Hello BiggerPockets!Have a question regarding a transition from a M2M lease to a 6 month lease.My wife and I inherited several tenants when we purchased our 6 family 8 months ago. One of the units asked us last month ...
We are looking at possibly moving from a property management company who has been great for us and charges us a 9% management fee. They always fill our properties and their maintenance costs are very inexpensive. We a...
Hi, not sure where to post this exactly (there should be a DIY category 😅) but I am installing LVP over tile in my bathroom. I don’t want to rip up the tile cause I did it in the other unit and that was a nightmare. T...
Hello BP Family!
I've recently purchased a 3 family fully occupied. I'm very excited for this transaction as I've been on the website for a while and have finally made the first step towards my goals.
My question f...
I own a primary residence in CA that I’ve lived in for >2 years. It has a 30 year fixed mortgage and low interest rate. My sibling/business partner would like to give me X amount for 50% ownership and we transition...