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13 February 2025 | 8 replies
Me purchasing it and renting it out to her turns it into an investment property thatvallows me to take advantage of all the tax benefits that come with it.She may lose the primary residence mortgage benefits she has, but I think what we achieve with the conversion outweighs the loss.Cashflow would be immediate and allow for quick savings growth for the next purchase.
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10 February 2025 | 7 replies
Commercial RE is a bit more strict than the residential market which has more options available due to flexible housing regulations in place to make it easier for people to buy their primary residence.1) Family and friends.
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27 January 2025 | 3 replies
Thanks to everything I’ve learned from the podcasts, books, and this community, my wife and I currently own:A triplex in MaineA single-family rental in San AntonioA single-family primary residence in Las Cruces, NM, which will become a rental when we move in a few monthsFor context, I’m an active-duty Army officer with about 12 years left until retirement, and my wife works for a university in Boston.
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30 January 2025 | 8 replies
(May also cut significantly into the current cash flow on it)I know you mentioned not doing a HELOC on my primary, but wouldn't it be advantageous to have the ability to pay off the line of credit instead of be stuck in a payment that is much higher?
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27 January 2025 | 27 replies
My primary focus is on the BRRR method, with a greater emphasis on appreciation over cash flow.For those with experience investing in Cleveland, I’d greatly appreciate any insights on neighborhoods worth focusing on.
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30 January 2025 | 2 replies
We paid off our primary home last year and have been slowly getting the courage to jump into the investing market where we live in the Pacific Northwest.
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3 February 2025 | 11 replies
I spent 5 years buying 5 primaries and 5 rentals.
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1 February 2025 | 30 replies
Take advantage of the Capital Gain deduction of $250,000 in primary residence per “spouse”. 2.
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2 February 2025 | 10 replies
Most areas have never updated their zoning bylaws to allow solar to be a primary use.
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4 February 2025 | 6 replies
What is the best option for a landlord policy for someone who owns multiple rental properties(AZ and CA) and has no primary home or an auto?