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3 February 2025 | 5 replies
Typically, most cities allow for 30 day minimum rentals.
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24 January 2025 | 10 replies
It might cause me financial harm as I have to sell more stocks and might pay short term capital gains vs long term capital gains.
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26 January 2025 | 2 replies
Selling gets a tax free gain and allows you to be more liquid; keeping it allows you to have once in a lifetime cheap debt and have that leverage on an appreciating asset.
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4 February 2025 | 7 replies
My biggest advice - take your time, do your research, and consider hiring a mentor.Check out the Rookie Podcast and forums on BP; you'll gain a lot of valuable insights from them.Wishing you success in your investing journey!
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4 January 2025 | 0 replies
I am planning to get into the TN real estate market as my first investment and am looking for some information.In particular: Areas to steer clear of, property management fees, typical cosmetic rehab costs, etc.My strategy is to put large down payments on 2 properties (relative to housing prices) to help pay for my living in NY while still gaining appreciation in a growing real estate market.
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20 January 2025 | 1 reply
In the assets I am considering - the seller is typically selling because they no longer have the time or energy.
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3 February 2025 | 25 replies
Conventional lenders typically require a 6-month seasoning period from purchase before they’ll consider the appraised value for a cash-out refinance.
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27 January 2025 | 1 reply
Hi everyone,Last week, I was pulling rent comps to prepare renewal offers using my typical process: starting on Ręntometēr or Rēntcast for a rough idea of recently removed comps, then manually researching on platforms like Zillow, Apartments.com, and Facebook Marketplace.
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3 February 2025 | 15 replies
The struggle comes when you plan to sell, pay close attention to how the bank would treat the loan in the event you would sell.Even though its a bit more work, banks are typically open to these loans as it provides them with additional collateral in the event of default.
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8 February 2025 | 2 replies
My understanding is that typically, a homeowner must live in the property for at least a year before converting it to a rental.