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16 May 2024 | 0 replies
Hey BP Community,I’m fairly new to the real estate world but would like to jump in and get a head start on building wealth for an early retirement.I’m currently in my early 20’s and I’m interested in house hacking with my partner by the end of the year as a first step in investing.So far this year I have been working on building up my financial literacy and some knowledge on real estate through books and the BP podcasts.
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17 May 2024 | 8 replies
Hey @TJ Bardossas - you're already ahead of the curve in the sense that you're an experienced broker.
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16 May 2024 | 6 replies
If the deal is right, go ahead.
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15 May 2024 | 2 replies
The search function sucks, if it even exists anymore - it's become so marketing, advertising and click bait oriented.
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15 May 2024 | 21 replies
Why are you putting the priority of buying another property ahead of why you are buying another property?
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16 May 2024 | 22 replies
Vacation homes take some planning, I personally think shooting for break even profit/loss with a vacation home is a good tax strategy but if it is a cash cow I would gladly just pay the tax as you still come out significantly ahead and if you have one I probably wouldn't bother with a cost seg study unless you are getting extremely high rents.
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15 May 2024 | 10 replies
If you want to waste time getting it reviewed by your own attorney, go ahead....As a matter of fact, if a GC does not have a decent contract, that would be reason enough for me to look further....
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15 May 2024 | 6 replies
This will depend on the lender but plenty will allow you to start ahead of time.
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16 May 2024 | 8 replies
When house hacking it's about comparing it to your current living situation and also thinking ahead.
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16 May 2024 | 19 replies
Problem is the rebuttal brings more attention and clicks to the bad words.