Heather McNicol
BNB Investor Academy - Reviews?
31 December 2024 | 76 replies
I'm also unfamiliar with that specific individual or the program costs or design.
Darlene S.
Avantstay pros cons for an owner? Short Term Rental
17 January 2025 | 33 replies
They have a team of designers who do it online.
Sean Gammons
How to buy two rentals in one year?
16 January 2025 | 17 replies
Hi, you seem like a potentially good candidate for DSCR Loans, a loan product that was essentially designed for exactly this - investors that want to build a portfolio relatively quickly and not be slowed down by DTI requirements or other hassles from conventional options.Would be glad to help, also check out this 12-part series published here on BP on everything you would ever want to know on this loan option!
Michele Hart
Inherited a house with my 2 brothers
6 January 2025 | 9 replies
(To avoid months of probate and thousands if not $10’s of thousands of dollars in costs.)Hawaii is considered a "TOD deed state," meaning that residents can utilize Transfer on Death (TOD) deeds to designate beneficiaries who will inherit their property upon their death, allowing for a potential bypass of probate court proceedings.If she is already in memory care center.
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
- Can't tell you how many tenant background checks show they are buying lemon cars with 25% "we finance anyone" car loans that are designed to fail. - All they've got to learn is to save some of their income to pay their bills on time and they could then afford to buy a home.Instead, they spend every penny they make on things they don't really need and then blame everyone else.Take a look at a Class C or D tenant's bank statement to see the frivolous things they spend their money on and you'll better understand our society's biggest problem.
Nicholas Haubner
4-family to 5-family with owner occupied unit
4 January 2025 | 5 replies
When you go to sell the property, if you produce a certificate of inspection for the wrong number of units, buyer unless you are giving them a great deal and they will throw caution into the wind, would insist on the correct designations.
Kathy Tran
Home owners insurance for Owner occupied Duplex
28 December 2024 | 3 replies
Some insurance companies offer policies specifically designed for owner-occupied multifamily properties, so it’s worth asking about that option.The key is ensuring both your personal residence and the rental unit are adequately covered.
Lee Miller
SFH to Duplex conversion in Chattanooga
1 January 2025 | 7 replies
But I also like DIY design and drafting so YMMV.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
The rules are designed to prevent related parties from engaging in exchanges that shift high basis property for low basis property, followed by a sale of the low basis property, effectively "cashing out" without recognizing gain.If you sell a property to a related party as part of a 1031 exchange, both you and the related party must hold the exchanged properties for at least two years following the exchange.
Jason Gray
First shot at Air BNB in the Yosemite Corridor...
31 December 2024 | 4 replies
Intent is to get the foundation blessed off by a Civil Engineer and save about $15K in foundation costs as the original design was for a 3400 sf house.