Shaydon Childers
Loan Assumption (Family Farmhouse)
Hello, I am trying to find a creative way to take over my father in laws house (67). He owes 200K (assumable) on a deteriorating farm house in a great area, on 5 acres. House is worth 650K in its current condition and...
Johann Jells
Tax structure alternatives to form "E" for tuition aid purposes?
There was a short thread on this, but it was locked. We have 13 units (including our own) in 3 properties, and file schedule E. I actively manage and maintain these properties. From my reading, I need to form a more ...
Ron Boling
One house or five?
I have a hypothetical for you BiggerPockets readers. Would you rather pay $100,000 cash for a house and have no mortgage or use the cash to buy five houses with a mortgage and $20,000 down payment each?
Jesse Fernandez
Question about refinancing with my situation
I am looking to finance my next deal, but don't know which option I should go for...refinance, 1031, HELOC, etcI have a 2 family rental property, purchased for 280k a few years ago current valuation is 610k. Net month...
Eric Schwake
Should I Invest in Performing Notes?
Ok so here's my scenario. Would love some feedback on whether a performing note would be the correct option for me.I'm in the process of opening an SDIRA. My first investment in that will be a rental property which ...
Nigel Dixon
Is this a good strategy and how could i improve it???
Hi bp, my whole strategy for my real estate investment portfolio was to gobble up as many homes as i could in the next 2 years. These homes would be free and clear ( i already have 8 free and clear now) and producing...
Kris Zabish
Can a S Corp use real estate to help with taxes?
Hey BP! I work for my brother who owns a rental company for heavy equipment in Sacramento. We are getting killed with taxes and fees for the equipment we own. Is there a way to use real estate for some tax relief? If ...
Derek Young
advice needed
Help needed please....I am n negotiations on a building with one small commercial space (approximately 800 Sq ft which rents for $350) and 4 one bedroom apartments (rental incomes of $330, $360, $410, $450). The build...
Amit M.
Higher return DST offerings
I recently received a mailer from Kay properties of 2 DST offerings: an 8% and 10% preferred return (net lease income fund 28, LLC and opportunistic income fund 75, LLC). I was surprised as most DSTs I’ve seen are in ...
Marc C.
Adding a purchase price contingency to the LOI...ideas?
Lately, we've been marketing directly to "mom and pop" owners who want to retire. Their books are usually more or less useless in a lot of ways: No management fee, no labor charges on repairs (they do their own), thin...