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1. What is your method of investing/saving for your children?2. At what age can I open a Roth IRA and pay my kids an income? My financial advisor says we need to wait until they are 6 yo to not get audited. Every sour...
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I'm looking at an investment property with section 8 tenants. To all those who have had experience with this:
1. What are the pros and cons of section 8 tenants?
2. Once I own the property can I rent to non sectio...
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Hello I'd like some advice. I'm going through a situation on a house flip. My general contractor had some issues with subcontractors he has hired. They ended up filing mechanical Liens against him which has me as the ...
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Greetings BP family,I anticipate my amateur story will bring harsh criticism, but I really need some help before the situation snowballs into catastrophe. Here it is:One of the tenants in my duplex rental in Whittier,...
I have been married and living with my husband, the breadwinner, for the last 5 years. We are separating and I am thinking about buying a modest home for me and my two daughters. But I have NO idea if I would even qua...
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Rooming/Boarding House. Transient Lodging. Looking to connect with anyone (in ANY state) that has experience (good, bad, ugly) with Rooming Houses. I am a seasoned investor, but wanted to acquire a little more info...
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Hi, we converted our previous primary into LT rental in January 2022. It’s been rented since. Purchased in 2018 at $325k, it is now valued at roughly $410k. Is it too late to get a cost seg and take bonus depreciation...
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Reading another post about people stealing items in STR’s got me thinking about damage or security deposits. Do you use one? If so, does it work? If not, why? How much do you typically “hold”? How do you handle stolen...
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I am selling a duplex we have. A tenant on one of the sides refuses to allow realtor showings stating that she does not feel safe having someone enter her home that she does not know, I believe this is an excuse sinc...
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Looking at purchasing rental property(s) in a Phoenix neighborhood. Everything about the neighborhood is great, except the stray cat problem. There is a cat colony there, not just one house, throughout the small nei...