
12 January 2025 | 5 replies
@William Taylor so many options...Use your RE knowledge to: WholesaleFind rental deals to sell to investors locally or here on BPStart leveraging your personal contacts to build your sales businessFind a motivated seller willing to do seller financing:- Move in worst room or basement, rent out all the other rooms for max cashflow- You could even live in the basement and STR the rest of the house

18 January 2025 | 15 replies
If I get the situation correctly, youre wanting to exit retirement and pull cash out of your home to use to flip a property in FL to generate income to live off of.

13 January 2025 | 7 replies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.

9 January 2025 | 9 replies
If you qualify for both (you've lived in the property long enough and it is used for investment when you sell it) then you get to take both.

8 January 2025 | 6 replies
I was forced to buy my first house because my roommate moved out and I couldn't afford to live alone.

20 January 2025 | 31 replies
Guys - I was just quoted $5000 for the Trust package (Trust, Will, Living Will, and Power of Attorney), plus $1660 per LLC, which includes one holding company in WY and however many other LLC’s you want to start.

13 January 2025 | 6 replies
@Heather Bailey while I live in my duplex, I have a standard Hazard insurance policy and I also carry an additional 500k umbrella policy (optional); both policies cover the entire building, but there's no separating it.

12 January 2025 | 7 replies
We have another park with a free space rent manager and as we have raised the rents he continues to live there for free.

14 January 2025 | 4 replies
There are some exceptions, but the HOA dues normally kill your returns and there are all kinds of other issues having tenants living close together.

9 January 2025 | 10 replies
I won't be able to make the cottage legal rental without living in the primary home myself.