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Hey everyone! My wife and I are looking to buy a live-in flip property (off-market) from her deceased grandfather's trust. While I was speaking with a mortgage broker about rates, he mentioned that since we were relat...
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This is largely a tax related question, but if there are other legal or financial or insurance things I should think about, please chime in.We have a SFR that is the first rental unit we owned. We used to live in it....
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I was wondering if anyone has their spouse and/or other relatives working with them on their REI team. If so, in what capacity or role and how is it working out? Are there any pros/cons?
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What are your thoughts on Portland, OR right now? I am curious what my fellow BP users think of Portland, OR right now. I definitely have my own opinions about the current state of Portland but want to know what you t...
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I am trying to determine a purchase price for a SFR that has a dead beat relative. The owner is very ill and needs to sell the house. His wife's daughter is living in it and has never paid rent. The owner wants to sel...
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We just bought a single family house with an intention to move in, but our situation changed (kids daycare related) and now we want to rent out for a year and then move in. Has anybody been in this situation? Did you ...
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Living in Louisiana. Thinking of buying rental property for a relative who will be working and living in Alaska for the next two years. Thoughts?
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Hi BP,We have been leasing apartments in our multi family units for a while now, but have never before seen the possible need to include a lease clause with the Golden Rule in it- treat others as you wish to be treate...
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Hi everyone,I'm evaluating the viability of a property that is an old gas station and I want to make sure I know everything related to it. It's been sitting vacant for up to 8 years and it's owned by the county becaus...
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I currently have a house on the market that I previously lived in for the past five years. I want to rent it, cashflow the property, and take a HELOC out to do further investment. Is it possible to get a HELOC on a re...