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Results (2990)
Peter Morgan Investment in Elderly care home business - a good idea?
28 October 2019 | 3 replies

Hello,If the numbers work out well is it a good idea to invest in an elderly care home? Apparently there will be two pieces to this form of investment,the tangible real estate property and taking over business ownersh...

Michael Sawers Sibling Partnership Strategy
9 January 2018 | 5 replies

I’m the older brother planning on paying all up front costs. My younger brother, new to his career with little capital, will be living in the house, paying rent, and acting as the landlord. I want to keep the agreemen...

William J Winch A far away rental property was gifted to us. How to report rental income?
27 February 2023 | 4 replies

A year and a half ago, my mother-in-law gave my wife and I her 5-bedroom house in California. We live in NJ, didn’t have any interest in moving to CA, and wanted to sell it, but my brother-in-law said that he would l...

James Palin Seller with a property on MLS wants to sell to an investor.
16 August 2015 | 4 replies

Good morning everyone.I got a lead off my web site this week for a property here in DFW area. The property is listed on the MLS for $189K, but is not attracting any retail buyers due to foundation damage. The seller ...

Daniel Tisdale Advice on turning long-term rental into new STR
6 November 2023 | 2 replies

Hi,
I’m looking for some advice on potential strategies with an existing long-term rental property that I have in Austin, TX. I purchased this property 5 years ago as my primary residence and have since turned it int...

Jane S. Would you assume this 2.3 % loan?
11 November 2023 | 3 replies

This is for a $500,000 VA loan with an interest rate of 2.3% and MLS list price $600,000.It's an up down 2/1 duplex, each unit 850 sq ft, in a desirable location. However, the condition of the upper unit is disgusting...

Julian Fung Condo vs SFH - Buy and hold strategy
2 July 2019 | 5 replies

Hello Bigger Pockets community; happy Friday!I am looking to potentially invest in a condo in the DFW area (about 15-20 mins north of downtown). My strategy would be long term buy and hold/rent.The condos caught my at...

Ashwin C. ARV in a crashing market
25 October 2022 | 4 replies

As of what I understand about the current market, house prices are going down. How do you factor in the declining house prices when trying to estimate your ARV? For example, if I buy a house for 25k and put another 25...

William B. Is it possible to create an LLC for a husband and wife and not pay self-employment taxes?
6 November 2014 | 3 replies

Hi BPers-I want to create a business name that is separate from my wife's and my name.  I primarily want this to serve two functions - 1) so our tenants do not know that we are the 'big, bad landlord' and 2) be able u...

Kevin Paglia FHA house hack definition of "living in"?
27 April 2020 | 9 replies

I have what is probably a remedial question BUT:  For an FHA loan I know you have to live in the place for a year.  Anyone know what the qualifiers are for that?If I buy a quadplex using an FHA loan, get mail there, s...