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I have been doing a lot of research on BP regarding flipping houses and I've come across some topics that I would like some clarity on. First: Regular home owner's policy vs. commercial policy intended for homes tha...
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Hey BP community - I bought some rental properties under our personal name and now as part of the estate planning process, I am reading/hearing that I should move these properties to an LLC and move that LLC into the ...
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I might entering new territory and need some guidance. My husband and I might be the primary lender to my mom to help her purchase a property as her primary residence. We want this to be a formal loan and make sure...
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Not quite an investor question though personal savings will help with investment purchases…
Recently and due to personal circumstances, I submitted a resignation letter to my employer with an effective date in late M...
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Hello,I was hoping you had the time to answer a few questions for me to better prepare for next years returns. First questions is me and my brother want to purchase a property together for our primary residence the ne...
If a person has been living in a parent financed home, he/she provided the down payment and made all home payments and is the primary occupant, has recently refinanced the home (6 months ago), adding his/her name to t...
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Family member A (seller) is selling to family member B (buyer). If family member A wanted to avoid tax penalties, could they gift or owner finance the home to family member/buyer B and buyer B turn around and refinanc...
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Any advice or even just something you wish you knew before owning your first rental property would be greatly appreciated!
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Hi all, buying my first STR and selling a piece of land I bought in 2021 for 4x to help reduce the note. I’ll have this place more than 50% paid off and will see how the rental market fairs before adding leverage. T...
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We've found a great off-market, small multi-family investment opportunity in our desired area (north whatcom county, WA). It's perfect for us because it's close to our other rental (and our home) so we can self-manage...