Robert Pardee
3/1 Cottage on 1 acre near the Rogue River in Rogue River, Oregon
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $84,000
Cash invested: $25,000
House was gifted to me from my family. 3bed/1bath Cottage (built 1955) with a detach...
Marc I.
Gift of Equity Help and Potential Rental Property
Hello BP forum, I've been doing a bit of research and keep running into obstacles. Here's my scenario:My retired parents (who live in another state) would like me to take over their mortgage. Ideally the want to give ...
Vasyl Magura
Gifting Real Estate to Non-Profits
Anyone ever gift property to a non-profit. How is this done? Do I just go transfer the property into the non-profit name?
Brandon Hall
Bring Your Tax Questions
Hey Folks,April 15th is right around the corner and I constantly see the same tax questions pop up in the forums. Hopefully this thread can help serve as a running list of real estate tax questions and answers. Ideall...
Eric M.
Need advice on taking over a "free" duplex
Hello all.
A situation has come up and I need some advice from the experienced guys and gals on this forum.
My father owns a duplex (1/1 and 2/1) which he is currently underwater on. He is either breaking even or l...
Frank Zareski
First Rental Property Deal Help
Hello,
I was hoping to get some help on a deal. My parents are going to sell their home to me for 220K. It is worth approx. 285K. Ultimately I plan on renting this out and can go about the financing in one of two wa...
Emmy K.
Closing on first property, 12-plex in 1 WEEK!! Tips prior to taking over!? TIA
My husband and I are thrilled and a bit nervous about closing next week on our first property--- 3 four plex's a mile from our home. A HUGE thanks to bigger pockets for helping us crunch numbers, network and give us c...
Paul Hormann
Christmas presents for tenants?
I have a 7 unit property and wanted to get gift cards for my tenants for the restaurant across the street (don't worry, I would say "Happy Holidays" in the card). Anyone see an issue with this? Also, I am currently ...
Zach Robertson
Using a HELOC to buy 1st investment property
Hello, this is my first post on the forums but I am a big fan of the Biggerpockets books and especially the podcasts. I am currently in the closing process of purchasing my home that I will be living in. I am buying i...
Chukwudi Motanya
Conventional Financing Help
Hey BP Community, hope everyone is staying warm during these cold winter days. I on the path of looking for my 1st investment properties and I am planning on going with conventional financing for the 1st property.
I ...