Patrick Verville
What to Include in my Letter to Heirs
Hello BPer's,
After years of research on investment properties, I am looking to finally take the plunge! I have come across a home in my city that has been sitting vacant for some time. I did some research through th...
Preet Oberoi
Tax benefit of STR/Tiny home - Will it work ?
Hello everyone, I am looking into buying my first Airbnb and the sole driver for this choice is to be able to take depreciation of my two LTR properties against my W2. Can anyone poke a hole in this approach ? Also, w...
Precious Thompson
Mobile home language
When describing mobile home parks, does sites have the same meaning as units?
Michael Conway
Best locations for investing under $50,000
Hey BP! I'm wondering if anyone could provide some input on locations in Memphis for my first investment property. I don't want to be a slumlord, and vacancies are obviously important, but i'm looking for cash flow....
Chris C.
Not enough money in self directed IRA
I understand that you can use a self directed IRA to buy a property (either in full or as the down payment). But say you use it all as the down payment, then you suddenly have a 10k repair that you need (roof broke, h...
Nathan Scott
C/D Class RE Investing
I have a house under contract that I knew was in a rougher area. However, after speaking with 2 home inspectors they both informed me that this area is “ground zero for gang activity.” The purchase price is $33,800. R...
Patricia Thomas
Mother died without a will
Dear Bigger Pockets ,I have a question that I seriously need help with:About 8 years ago my Mother past. She owned a house. She have six children( which are my siblings) and was not married. Shortly after, my mother'...
Joshua Steven Ferrell
Terminating lease in Tennessee but tenant paid upfront
Hello all,I have a situation where I rented out a a furnished rental unit to a new tenant for 3 months. We signed a lease and the term length is from August 1, 2022 to October 31, 2022. I collected a security deposi...
Blake Charles garrick
Next step in the lone process, hard money.
After partnering with an private investor, willing to put up the credit score and/or 3 months of bank statements showing at least $15,000 in the ending balance, to help qualify for a hard money loan, the company in qu...
Keith K.
Turning a friend's house Retail sale into a win-win deal
Hi BP'ers, I've been reading Brandon's new No Money Down book and realized that I may have a deal unfolding right in front of my face. A friend of mine has been sprucing up his rural home to prepare it for sale for s...