Seth Sutherland
Financing a House With Family Members (in an LLC)
I'm planning to buy a rental property with a family member this summer. She has the cash but no credit, and I have the credit but no cash. Of course we want to end with the property in an LLC, but I'm unsure of how to...
Paul F.
Too many prospective tenants?
We listed our townhome in Woodbridge, VA (South of DC) and have about 35 interested people wanting to see the property. I set up around 10 individual appointments, but for the more recent inquiries I am offering 2 tim...
William Coet
Reverse Mortgage - Offering Owner Lifetime Use of Home- Who pays insurance?
Hello,We would like to offer a homeowner a reverse mortgage and lifetime use of the home. There is a good possibility there is no insurance on the house because it is owned outright and the owner may not care.If we a...
Account Closed
Co-Investment in Real Estate
Hi everyone,We are 4 persons planning on co-investing in real estate (buy & hold of multi-family properties). We are currently thinking about the best approach to do so. After a bit of online reading, it appears t...
Ryan Newport
Cost Segregation on my House Hack to reduce W2 income
Hi, I am currently house hacking a triplex. It's my understanding that an individual is allowed to deduct up to $25,000 in PASSIVE losses against ACTIVE income if and only if that individual earns less than 100k MAGI ...
Lili Kagels
1st deal a Quadplex??
Hey everyone,
So I have been reading and researching for about the past year. I am super motivated to begin my real estate journey! I am active duty looking to get out around the end of the year with my husband who ...
KC Hunt
Can I sell someone's home for them?
So I came across a home today that I am interested in buying. The seller is more interested in a quick "traditional" purchase then he is in talking about other financing options. But the experience raised a question i...
Dustin Beam
Lesson #87 Learned
Hello Beautiful People of BP,Being new, I'm always learning and trying to learn. Some potential mistakes were saved by what I hear and read right here. Others, I have to learn the hard way. And for the record, I knew ...
Michelle Jerkins
Sober living software
I'm making one of my rental properties into a sober living home. I think I have most of the kinks worked out but I'm looking for software (preferably free or very cheap) to digitalize the payments and bookkeeping from...
Haley Fairbanks
Oxford Housing
Does anyone know anything about buying a rental property to use as an Oxford House. It is a clean and sober living community (Oxford House, Inc)?