Long story short sister was the first beneficiary she backed out mom approached me to see if my son and I would like to take over once she passed I agreedwe filled out transfer on death deed.. and I filed with county ...
I have an attached ADU at my primary residence that I have mainly used to host relatives and friends when visiting, but I'm now thinking to explore the idea to offer that as STR. I'd need to go through some approval p...
First of all, I want to thank Biggerpockets and all its members. I've been studying the past 6 months and I finally bought three properties today at a tax sale auction. They were all great deals, paying between 20% -5...
Hey guys! My plan is to rent out my current home and apply for another mortgage loan through my bank and live in the new property as my primary residence... Would having a signed rental contract on my current home inc...
Hi All,I'm working on topics to be insert in an operating agreement for a partnership (we are using an attorney, but I want to get a head start) I'll be entering into. I want to make sure we cover everything. Any in...
Wanted to discuss the investment strategy of a long time successful RE investor. He's a BP member and I've enjoyed reading about him. He lays out a very simple investment strategy that, on paper and over the long term...
Hi BP Community,I own a duplex since 2020 and just bought (01/2023) a SFR to fix and flip. I have both properties under my personal name.
In the last few months I have been trying to get more active into investing, I...
GuysI have a small add and one person called me to sell a 1969 mobile home, 2 rooms and 1 bathroom. The price that she asks it is a little high and she wants the mobile home to be moved because the owner of the park i...
We are considering converting our residence we have owned over 20 years to a rental. Would that forever eliminate the opportunity to take the capital gains exclusion if we sell in the future? Does the number of years ...
I am buying a property that I will serve as a new home for my nephew. It's a foreclosure, needs minor repairs and does not qualify for FHA etc and he does not have the 20-25% down needed to do the deal. I will be buy...