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4 December 2024 | 7 replies
I might also consider if i could turn the garage into a rental, or into an apartment for me, while renting the other place so that I'd still be on the property at least until I gained confidence in the tenant.
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5 December 2024 | 13 replies
If there were other issues though, be aware that they could choose to enforce this minimum at any timeMore recently, the city has created a rental database with contact information of all active rentals in the city that law enforcement and city officials have access to.
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4 December 2024 | 4 replies
The RE agent stated some properties on the river in the past did not get their lease extended to provide better river access.
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30 November 2024 | 11 replies
(If curious, my residential real estate investor clients from 10 years ago [you can find my 10 year old bigger pockets dot com posts :], at the time buying up 2-4 unit properties, a lot of them are now done with the 'human' tenants and want to 1031 into something that is ACTUALLY passive, so yes Starbucks comes up, thus I watch it).In my case I zoomed all the way into a specific brand (which then allows me to make very sweeping generalizations across an entire state -- but still not the entire country), I'm not suggesting you do that, but SOME of the variables need to be narrowed down, before you can gain any useful insights.
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3 December 2024 | 10 replies
The plan aims to reduce living costs, gain landlord experience, and move closer to long-term financial goals.Good luck!
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4 December 2024 | 4 replies
If married you can exclude $250,000 each in capital gains if your primary residence.
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5 December 2024 | 37 replies
Recommended Long term rentals are the way to go at first, Medium term and short term are strategies to look into though once you gain your bearing.
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5 December 2024 | 24 replies
@Steven DeHart I'd start off listening to the podcasts and gaining as much knowledge as possible.
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5 December 2024 | 11 replies
Mentorship and joint ventures are excellent ways to gain experience, and it’s essential to start small, communicate clearly, and build trust.
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4 December 2024 | 17 replies
Not giving tax advise, so check with your CPA, but I sold a rental after it was my primary for over 2 years and as long as it was considered my primary residence "2 of the last 5 years", I did not have to pay capital gains on my property sale up to the IRS limit.