
22 January 2025 | 25 replies
Hi there, If you live in another state it would be very difficult to show that you materially participate, as you need at least 500 hours, considering the IRS sees where your home state is and where the rentals are, it may raise red flags for the IRS if you try to claim that... as a tax accountant and investor myself, even without actually speaking in person, I do not know I feel comfortable suggesting you show material participation

8 January 2025 | 7 replies
My specialty as an example is working with investors looking to build portfolios of Short Term Rental/ luxury vacation properties all across the US. 90% of my clients use the 10% down second home occupancy loan.

7 January 2025 | 28 replies
Hi fellow BP fans,Considering mid-term rentals (MTR) for my single-family home (near two hospitals, targeting traveling nurses/doctors).

3 January 2025 | 5 replies
Quote from @Matthew Becker: The knock down cabinet that are made of 1/2 plywood shaker style are pretty good deal at home depot.

6 January 2025 | 4 replies
Areas with good rental demand or up-and-coming properties could give you more predictable returns.Do you already have a type of property in mind—like single-family homes, or are you considering duplexes, condos, or other types of flips?

25 December 2024 | 60 replies
If you add unit to your home, your home likely became rent controlled.

7 January 2025 | 9 replies
Here are a few things that I like about the neighborhoods in Indy compared to other states: high rent-to-home-value ratio, consistent and gradual city development, relatively low property tax and insurance cost, affordable renovation service cost.From my experience, it's possible to find deals that meet 1% rule if you invest in *turn-key* duplex or SFH here, but they are harder to find, and could potentially slow down you from scaling up.

4 January 2025 | 4 replies
You'll probably need a co-borrower and someone to gift the down payment.There's a Conventional loan (FNMA family opportunity loan) that allows your parents to purchase a home for you (and potentially roommates) to rent while you're still in college.

7 January 2025 | 20 replies
Quote from @John Lee: Hi all,My name is John and I'm a recent college grad about to start a Masters (SF/San Jose Area home base in California).

5 January 2025 | 31 replies
Hello Rachel,I had been a stay at home mom, then went back to work when my youngest started Kindergarten.