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4 February 2025 | 24 replies
I have a full time W2 that I'm passionate about, so I feel this process will allow me to time to make sound decisions as opposed to quick fix n flips.
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10 February 2025 | 10 replies
i think this is a decision only you can make. im in a similar boat (house hacking my primary) and considering renting the whole thing out to get a solo home for myself. certainly a lot of appeal in that, given how much work goes into the house hack. but whether or not the numbers on cash flow align is up to you. personally i dont think $150 (seems like about 12%?)
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2 February 2025 | 20 replies
I respect and support you and your decision.
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6 February 2025 | 3 replies
It could give you peace of mind as you focus on your family and move to your new home, without the additional stress of managing a second property from afar.Best of luck with your decision!
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5 February 2025 | 4 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
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13 February 2025 | 18 replies
A turnover means repairs, painting, cleaning, marketing, vacancy time, and lost rent, so a small discount is often a better financial decision than churning tenants every year.There’s a lot more to consider, but these are some key lessons I’ve learned.
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5 February 2025 | 10 replies
I am happy that I made the decision.
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10 February 2025 | 3 replies
And also, know everything about operating real estate, if you really want to know the risks: business plan, financing structures, ability to execute, market research to vet their underwriting assumptions, how fees can influence investment decisions...3.
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16 February 2025 | 5 replies
Always conduct your own due diligence and consult with a qualified professional before making any real estate investment decisions.
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1 February 2025 | 23 replies
It sounds like you've gotten some solid direction above, but a few flags stood out to me in the above discussions and I wanted to point them out to help make your decision.- You mentioned this sale is tax free 121 exclusion, which is great, and seems like a solid start to your goal.- The townhouse you're moving into is currently a rental, but you plan to live there two years for the 121 exclusion.