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I'll give a little bit of context and hope that someone can help me creatively think of a way to help.Lady bought house before married, decently taken care of it, only outdated cosmetically, BUT massive foundation iss...

My relative's house has a reverse mortgage. I'm not listed as the executor or beneficiary in his will. Unfortunately, his health has declined recently. He said I can have the home if I payoff the reverse mortgage. Wha...

I have a second home that my disabled father lives in and 'rents' from me. I have owned it for 12 years.Mortgage Balance = 79k @ 5.75% ( worth around 130k, paid 108k )Mortgage = $812Rent = $600Net = $-212 each month (...

Hello all,My wife has a single family rental that's only in her name that we are considering selling. Can she use the profits from that sale to 1031 exchange into a rental property that is only in my name if we were t...

I got an off market 6 unit 1 bed 1 bath in NC, for 150k and getting it renovated for another 150K. Renovation will be done in 2-3 months. Total renovation. Since units were in bad shape no one was ready to finance it ...

Hi All - Can anyone share their method of accounting/bookkeeping at the start of their real estate journey?  I'm wondering if I need to purchase Quick Books Pro with only having one property / fourplex or if I can jus...

I recently heard about real estate cost segregation. I would like to learn more about that strategy to take advantageous of property depreciation upfront and claim. Can someone share your thoughts on this ? If someone...

Hello all,
I am new to BP and real estate in general. I was watching one of the podcast on youtube and the owner occupied duplex has me very interested. Since it will be owner occupied for at-least one year would you...

I have a house I bought and rehabed in a flood zone.I currently have a FEMA flood insurance policy with max coverage of 250K for structure & 100k for belongings. From what I understand this is the most flood insur...