Eric Bailyn
Gifting Single Family Residence to Son: Any tax implications?
Hi Everyone!
My mother would like to gift her $850K house (100% owned; no loan) to my wife & me. At the same time, my wife & I would sell our $1.5M house ($1.4M is equity), and use the proceeds to 1) transfer...
Jay Feldenbaum
Landlord's Covid-19 tice to tenants circulates on social media '
People across the Kansas City area have reacted strongly to a picture circulating on social media of a letter demanding some residents pay rent.
A woman posted the letter her husband noticed while he delivered a me...
William J Anderson
Introduction and Seeking Advice on T-12s
Hi Everyone,
I’m new to the BiggerPockets community and excited to connect with all of you! A little about me: I’m a new real estate investor diving into the world of property management and eager to learn as much as...
Zhong Zhang
a multifamily investment case analysis
Can you help me evaluate an investment case? I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:
(1) multifamily units in NJ close to New York City, ~$1,000,000, 20%...
Michelle Phimmasone
DSCR loan question and help
We are purchasing a beach condo STR purposes. Our broker had offered us these loan options:
20% down at 8.5% interest, $65000 down, $1999 monthly
25% down at 7.5% interest, $81500 down, $1704 monthly
We wanted to k...
Joon Kim
Questions about syndicators
I am a passive investor and only have participated in a handful of deals so my question might be uninformed or basic. Ive been pitched by various people calling themselves "syndicators" but I find their supposed deal...
Scott Kimminau
Responsible for tenants daughter slipping on porch with ice
I’ve had 8 properties for close to 10 years and never had an issue so probably lucky maybe. I just received a letter from an attorney in the mail that there was an incident at one of my rental properties where the ten...
Donyea Jenkins
DSCR Loan Question
With this loan, do properties have to be "Turn Key" to qualify or can they be used on fixer uppers?
Tyler Blackwell
Family member wants to bequeath house...easier to be on title?
Hey all,Let's consider a scenario: An older family member is moving to town and buying a house. This person will put a significant portion (50%) down, so there will be plenty of equity in the property. This family mem...
Jason S.
FHFA Bulk REO Rental Program Impact
Though I had thought I had seen already discussed I could not find the thread. Is anyone thinking about the impact of the FHFA/Fannie/Freddie plans to sell Bulk REO to be used as rentals?
How about the depression of ...