Benjamin Adkins
17 Years Old and I want to complete my first transaction before 18 is this possible?
So I am 17 and I graduate high school in June. I have a goal of completing my first real estate transaction before I turn 18. I know there are legal issues that I may encounter but my parents said they will help me. S...
Jeremy Lee
Rules around converting a rental to primary residence
Hey all,We're facing another crossroads with what to do in terms of a 1031 exchange that my parents and I co-own (which I also live in with my wife and kids) with our current place and selling it in exchange for a pla...
Enrique Batallas
Tenants broke up. She wants to sublease?
Hello all. New landlord here. I rent out a 2/1 house near a university. The tenants in question are amazing. However, They have broken up and I got this text today "Tom and I have ended our relationship howev...
Leila Moussavi
Private Investors Deal Structure
Hi there!
I'm a new real estate investor looking to invest OOS in MF for cash
flow in KC, Indianapolis, and Columbus and Cleveland. My parents are
willing to fund my deals and are able to pay all cash for propert...
Jeremy B.
Logistics and Structure of Multiple Non-serial LLCs for Rentals
I know that the topic of LLCs for rental properties has been discussed ad nauseam on this forum, and I appreciate the depth of knowledge that is available through the website. I have some very specific questions that ...
John Boonphitak
Parents want to sell me their home and rent it out from me WDID?!
Hi All,This is my first post ever on BP, please bare with me as I break down the subject.My parents have a home that they would like to sell to me. I have a home of my own and am currently paying the mortgage off of t...
Tyler Prosser
Combining Section 121 and 1031
Hello,
My parents have a primary residence purchased for $45k. Recent comps in their neighborhood are in the $1 million range. Even with a exclusion of gain under Section 121 (MFJ: $500k), they are looking at over $...
John Mark
Need Advice on a Unique Investing Oppurtuinity
Hello,
Before I begin this post I would like to state that I am aware of how lucky I am to be in the position that I am in. I have worked very hard in my own career and have been fairly successful but with regards to...
Willis Seng
NEED HELP! CROOKED BROKER!
Ok.. well, my parents originally wanted to sell a commercial property. They signed a contract agreeing to close on may 31, 2007. May 31st has passed. My parents decided to tell the broker that they will think about...
Luke H.
Pros: Would you rent to these applicants?
Hope everyone is well. House for rent on market for 4 months, recent price reduction. I have 3 applicants, employed, mid 20s, combined monthly income is $200 short of (3 x rule). 2 of them have excellent credit, 1 ha...