Michael Florkowski
Union Carpenter getting started in the world of real estate!
27 December 2024 | 8 replies
Take the $250,000 primary residence exclusion every two years .
Kevin Robert Highgate
New to Bigger pockets - New to Investing
1 January 2025 | 3 replies
There are many reasons that adding a single ADU in southern CA is a less than ideal RE investment (i will post a list at the end) but the negative initial equity is a primary reason as the initial negative equity position consumes the initial cash flow and can take many years to recover.As for converting your home to a rental….
Chris Kittle
Wyoming LLC Set-Up and Recommendations
30 December 2024 | 10 replies
Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.
Namal Burman
when does 1031 exchange make sense?
27 December 2024 | 4 replies
I have two real estate property as rental, 3rd one is my primary all based in San Diego.
Virginia VanOeveren
As a PML, you should....
19 December 2024 | 9 replies
That's why the personal connection with the verbal deal and personal reputation on the line matters for me in classifying as a PML situation.That is a very clear explanation of the difference between HML and PML.
Marshall Robins
Creating Multi-family or Splitting lots for returns in California - SB 9
26 December 2024 | 3 replies
For investors, this presents a niche market to target families seeking multi-generational living arrangements.Things to Keep in Mind:SB 9 projects must comply with local ordinances, which may include design and setback requirements.Properties in historic districts or areas prone to environmental hazards may have restrictions.Lot splits under SB 9 require that the owner occupy one of the parcels as their primary residence for at least three years.ConclusionSB 9 represents a significant shift in California’s approach to zoning and housing.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
Someone buying $1million home in Indy is buying it for a primary residenceOn the Class C, are clients buying 1950s or newer?
Charles Evans
New House Hacker, Need Tips/Reassurance Please!
29 December 2024 | 15 replies
I think I've bought 10 houses (primaries and investments), and I've had that same "Oh crap, my chest hurts, why did I think this was a good idea?"
Juliet Silver
Best Lenders for Canadians to Purchase in Florida
27 December 2024 | 15 replies
Hi Juliet,If you have a US primary address and good US FICO, you should be able to get full LTV (80%) with rates on-par with US citizens with the right lender/broker.
Alex Bockey
AirBnB; what's better, condo or house?
27 December 2024 | 8 replies
If this is your primary residence and you have an extra bedroom (or can make an extra bedroom), AirBnb can be very lucrative.