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As many of you know, we recently launched our cabin in WNC for STR. We have been asked by a neighbor if we would consider donating a stay to a charity called WellRoot. It helps provide support services/housing for chi...
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Background: A woman owned a property with her primary residence, a guest house, and a warehouse. She used the warehouse to start a food distribution center in 1998. She passed away last year and the kids are only inte...
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Hello all,I have a long term tenant for over 8 years and I no longer want her in the property- every month she is late on the rent. I have always tried to work with her when I should have not been so lenient. Lately i...
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As I’m studying wholesaling, a lot of advice is saying to connect with realtors. I’m still not quite sure how wholesalers and realtors collaborate to their mutual benefit. It makes sense that realtors would have the M...
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Does anyone have any experience helping charities get into the Real Estate business? For instance, if a charity gets a $1 Million donation, but their budget would only need about $100,000/year, could they buy a rental...
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(posting this for a friend who’s not on BP)
Situation: My mom and dad have big hearts and made a nice gesture but unsound “personal finances” decision years ago. My mom runs a charity and to ensure the loan would be ...
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Hi all I got a question here. I acquired a self storage facility last year. Previous owner donated 9 storage unit for free to a national charity organization for their use. They issued a donation confirmation letter e...
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I own a duplex, where one unit is being rented out as a long-term rental (LTR) and the other as a short-term rental (STR). My CPA advised me to split the generic costs such as property tax and water bills equally betw...
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We try to always give back, I truly believe you get what you give in life and paying it forward is always the right thing to do.
I am looking for input on charities that are near and dear to members as a possible ...