Beck DeYoung
Facing Negative Cash Flow While House Hacking – Looking for Advice
10 October 2024 | 31 replies
(PMI effectively raises your mortgage APR and is no longer a tax deduction on a primary residence.)If you really want to invest, what short-term sacrifices are you willing to make?
Binita Mehta
Company to manage own properties?
8 October 2024 | 6 replies
Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.
Jay Moore
Newbie Room Rental
7 October 2024 | 3 replies
Check your municiple statutes, but most allow you to Airbnb a room in your primary.
Dina Schmid
What Interest Rates Are You Seeing?
7 October 2024 | 38 replies
is this loan secured by your primary residence as a HELOC or are you borrowing against your stock/bond portfolio ?
Virginia VanOeveren
Difference between PML and HML...
5 October 2024 | 6 replies
True asset based hard money lenders that do not consider the borrower's creditworthiness typically are a lot more expensive than we are.So, to me, I usually tell people that the primary difference between PML's and HML's is cost of capital.
Alesha Walker
What do you think about this plumbing? Cast Iron video
1 October 2024 | 6 replies
Was a very hard decision as it was a historic home that I really wanted to AIRBNB as it was one of the first atomic shelters built in the US - but love doesn't = money/good business.
Samuel Koekkoek
Buying vs. Renting in San Diego
7 October 2024 | 8 replies
We might move back to the East Coast in 4-5 years, so I'm looking for investments that can work well as a primary residence now and a rental property later.Income: Both my girlfriend and I have solid tech salaries (150k+ each).Current Portfolio: I don’t currently own any rental properties.Goal & Long Term Plan: I don’t love my current job so like many of you, I would like to create enough passive income through rental properties to have financial freedom and be able to work business ideas or side projects.
Lisa R.
Capital gains tax
4 October 2024 | 5 replies
[Sale Price - (Original Purchase Price + Improvements) = Gain] In order to benefit from the $250k exemption, must be primary residence, lived in 2 out of the last 5 years, can use this once every 2 years.Looks like there's no capital gains Tax in Washington.
Avery Moore
Are there other ways to purchase Investment Properties?
8 October 2024 | 10 replies
Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.
Lee L.
Stessa vs. Landlord Studio, vs Quickbooks.
7 October 2024 | 24 replies
I can't recall all the reasons I rejected it but one HUGE primary flaw that is so fundamental it made me question everything else about their software - there is no concept of a portfolio.