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 ...
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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...
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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...
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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 ...
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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...
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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...
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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...
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https://www.stpete.org/residen...
I imagine someone has experience with something like this going in near them. I own a home on this street, within about a block of one of the stops on this line, it is a bus rapid tr...