I have purchased my first BRRRR property with private money provided by my mom. I am not sure which documents are needed in order for her to only be taxed on the interest she receives and not the principal payback. I ...
Looking for recommendations to a CPA that is real estate investor savvy and friendly. Want to figure out the best ways to give myself a tax shelter from any self-employed income I receive. Anyone know someone good?
My apologies for the simplicity of the question. Why exactly, does a rising interest rate diminish the appeal of owning real estate for the purpose of renting or flipping (for investors)? One can assume this is due to...
I'm looking at my first MHP purchase and my attorney suggested I get a Phase 1 Environmental Study done. Is anyone doing this or have any experience with it? Or not doing it and feel good about it? Thanks in advanc...
When a tenant withholds rent in Chicago are they required put the rent in a separate account and show the landlord proof they have it?
Hi all, new investor here. I'm looking at buying a house off-market that has a bowing foundation with horizontal cracks. I can imagine it depends on how significant the issue is but I'm interested in y'alls take on if...
The following post is kind of old because I couldn't figure out how to post here. It hasn't become law yet, as my Councilman McDuffie is still moving it through the process. Knowing the Council something like this wil...
Hi Bigger Pockets investors-. I've been looking into getting umbrella insurance for some time now for extra protection as I have multiple renters living both in my primary home and rental property. I'm running into a...
Hello, I was contacted by a family friend who lives out of the country and is looking to quickly unload a vacation home in Kissimmee, FL which he's owned for around 30 years. The home is a 1600 square foot, 3br/2ba SF...
Good morning BP Community, I was wondering if a front garden would affect the curb appeal of a MFH rental.
Have any of you experimented with the idea or bought a house with a garden and experienced any issues?