Troy DeLong
Renting Out Basement
Consider this a hypothetical situation. Say a family member (different last name) was to rent out a room in your basement for $500/month (Market value for similar would be around $700/month). Most people (homeowner) w...
Liam Galbraith
Using OPM As A Down Payment
Hi BP Members,I have a passive investor lined up to provide the down payment on an investment property. I will find and manage the deal, and take out the mortgage under my name, and receive a portion of the profits fo...
Teddy Smith
Existing Property Issues and Related Liability
Hi All,I'm a newbie trying to put together my first deal. I've put an offer in an a 4-plex in the East Bay of the SF Bay Area.Redfin lists it as being worth an estiamted $1,070,000, and I offered $1,000,000, mostly be...
Jason Hines
Found out a person not on the lease is living in my rental
I’m a new landlord. I just purchased my first duplex in October and I live in one unit. The tenants in the other unit have been here for 8 years. The seller raved about how great they are and I have had nothing but go...
Austin J.
Real Estate Lawyers / Syndication / Fund Raising
Hi I have a rookie question but I can’t seem to find a previous post so I appreciate your guidance below.To start something like a crowdfunding program for real estate, I heard we need a few legal documents to get sta...
Wilson Pereira
Real estate mortgage and taxes
I have my rental real estate principal and interest mortgage payments going out of my LLC bank account. I believe only interest and real estate property taxes are tax deductible. How do I account for mortgage payments...
Sandesh Ghodke
New to Real Estate - Minnesota
Hello Everyone,
I am new to biggerpockets as well as Real estate investing. I am from Minnesota and looking for investment properties in local area.
Thanks.
Noam Birnbaum
How do you screen Section 8 tenants?
Hey folks,I'm starting to make my rental units available for Section 8 tenants.Based on the research I've done, it seems that a standard credit check might not always be appropriate; after all, many Section 8 tenants ...
Bennet Sebastian
Finding commercial real estate deals
Looking for recommendations on finding below market commercial real estate in my market? (Besides Loopnet and Costar). I've bought at auction before and have also bought REO but that was during the down turn several y...
Manmath D.
Looking for recommendations in Wenatchee/Spoakne, Wa
I think I need a tax consultant other than H&R. For last few years I've used H&R but I think I'll benefit from using a RE tax consultant who can help me with my taxes. Any recommendations in Wenatchee or Spoka...