
4 June 2024 | 8 replies
I think I would like to move into staging the living rooms and the primary bedroom.

4 June 2024 | 1 reply
I cannot speak for all banks/lenders but in most cases this is how it is processed.The main question would be how are you going to show your income to purchase the new primary home.

4 June 2024 | 1 reply
Hello, has anyone ever turned their pole barn on their primary residence into a wedding venue?

4 June 2024 | 3 replies
You might consider approaching larger banks for a HELOC on an investment property, as most smaller banks and credit unions typically lend only on primary residences.

4 June 2024 | 6 replies
I have been telling people for years now that it is not just ok to buy investment property before your primary residence, but I prefer it.

4 June 2024 | 6 replies
Unfortunately, the reality has been a cascade of disappointments, with the primary offender being the shockingly inadequate battery life.The promise of efficient power management proved hollow, as all 28 locks consistently suffered from rapid battery drain.

4 June 2024 | 4 replies
The CMA is right on the sale price - My payments to the seller includes a 25 year amoritization rate, so my monthly "mortgage" to the seller(300k with interest) is greater than their current mortgage. (200k with the same interest rate)- Going the regular financing route (25% down) is not desirable since I would need to dip into my primary residence HELOC for the downpayment.

4 June 2024 | 8 replies
It is a practical way to dip your toes into real estate by using your primary residence to generate rental income.Meanwhile, for the patient investor, the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) is an incredibly effective method over time, allowing you to steadily build wealth through real estate.Both methods have served me well in navigating the Tampa market, and I would be happy to share more insights or connect with you if you're interested.Best regards,Jorge

4 June 2024 | 10 replies
However, it will likely lower future cash flow so it is a time-value of money play (and perhaps income tax bracket matching... ie, big deduction during a one-off big income year).Two properties... one with cost seg and one with out will have the same depreciation taken at the end of its life (27.5 or 39.0 years).Also keep in mind that STR usually requires 39.0 years of depreciation for the primary building asset.

5 June 2024 | 9 replies
What happens if your primary residence burns down?