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So, Im house hacking. In August I bought a 6 bedroom house in Tacoma. My intentions from the get-go were to rent 5 rooms and live in one until my 1 year seasoning period is over, then rent my room and move into the ...
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Hey guys, I have a 5.5 acre property in blairstown NJ. I was running my landscape construction business out of it. I have a 8000 square-foot barn with 1/2 bath and it is plumbed for another half bath on the second lev...
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I searched the forums & found many situations involving private money, but couldn't find any like this. How is private money classified/structured if there is nothing being asked for in return - no returns or int...
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Hey BP Folks, My first post! Looking for a lot of help and advice so thanks in advance for anything you guys are able to share.Essentially to sum up I am a foreign national looking to understand how this impacts my ab...
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Protecting Your AssetsIf you are sued because someone is injured on your rental property, including a guest of the tenant, then your personal assets are not necessarily protected as an individual landlord. Regardless ...
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I currently have 1 rental that has $200K+ equity. I'm considering selling and investing in 2 properties but not sure about tax issues and timing. Any advice? I'm thinking of waiting until next year to see where prices...
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Hi all,So I'm meeting up with the owner of a 6-unit of Friday to discuss purchasing the building from him. He's in his mid-80s and looking offload the property just in case any health concerns come up down the road, a...
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Hey folks,Case Study: a distressed waterfront property that has an unusual ground water situation. Here's some context.The property is on a steep grade sloping away from the road. The property itself is relatively c...
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I’ve had long term tenants in a property that I own. They want to purchase it but can’t get a mortgage. However they can afford the rent payments and have approached me regarding a rent to own situation when their lea...
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A friend of mine has left an offer with a realtor, one I agreed to take part in as her partner if it were to be accepted since she wouldn't have the 20% cash to get the 80% HML. If this works out how should we go abo...