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31 January 2025 | 21 replies
Hey Jimmy- I'd be happy to discuss how things are in Beech and what the short term rental market looks like.
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27 January 2025 | 5 replies
But, the self-sufficiency test for FHA loans can be really difficult in SF, meaning that the market rent from units you will not occupy must be sufficient to pay for the mortgage payment.
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7 February 2025 | 1 reply
Unique neighborhood and product within local market.
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30 January 2025 | 4 replies
I noticed the market was shifting, so didn't run to get under contract until day 43 of the identification period.
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12 February 2025 | 4 replies
You should be able to use departing residence income from the market rent when qualifying for a new primary purchase.
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30 January 2025 | 6 replies
Not familiar with those markets, but here is my experience starting at 22 and what I regret after house hacking twice: https://www.biggerpockets.com/forums/922/topics/1133476-hous...
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2 January 2025 | 2 replies
You can get screwed on changing markets and unreliable contractors though.
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29 January 2025 | 6 replies
Quote from @Mark Simpson: Interesting use case for ChatGPT Operator:I asked it to do a market analysis and compare a random Airbnb listing to others in the area.
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13 February 2025 | 1 reply
-With my current role in my career and trajectory, I will be able to make the move out of midland in 1-2 years, so I would love the ability to leave and not worry about my home sitting on the market when we are trying to buy a home in Austin.Those are some of my thoughts and I would love to understand the reasoning for/ against this.
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12 February 2025 | 1 reply
==========================My relative is asking if this is a viable way to legally avoid having to pay taxes:STEP 1: SELL PRIMARY RESIDENCE (House A)-Sell primary residence to son-in-law for cost basis + $500K-File gift tax form for difference between sale price & market value-Not pay capital gains on $500K due to personal exemption.STEP 2: SELL RENTAL PROPERTIES-Do 1031 exchange and buy House A back from son-in-law-Rent out House A for 1 year before move back in==========================Thoughts?