![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/559092/small_1621492579-avatar-islahb.jpg?twic=v1/output=image&v=2)
13 February 2025 | 4 replies
@Islah Barney, If your mother was living in that house for 2 years out of the 5 year look back prior to sale, then she can sell and take the first $250K of profit tax free.If the gain is more than $250K then you could rent it for a few more months.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3089346/small_1722398278-avatar-cooperm40.jpg?twic=v1/output=image&v=2)
13 February 2025 | 2 replies
Quote from @Cooper Meurer: Lately, I have been mulling the idea of selling my primary residence and renting for 1-2 years before we leave the Midland area and move to the Texas Hill Country (surrounding Austin area)Reasoning for this:- I currently have around 120k in equity in my residence and I have a 4.75% interest rate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3173189/small_1738955991-avatar-erich957.jpg?twic=v1/output=image&v=2)
11 February 2025 | 22 replies
It took me 5 or 6 years to find my first private lender.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3171473/small_1737233964-avatar-nicka346.jpg?twic=v1/output=image&v=2)
23 January 2025 | 16 replies
As @Brett Synicky suggested, keep it simple, as a sole proprietorship.You are also not considering that you will have to pay $800 per year and per LLC to your greedy state.In short, get some professional advice instead of TikTok advice.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1921219/small_1621516709-avatar-paulg340.jpg?twic=v1/output=image&v=2)
11 February 2025 | 31 replies
value of the properties each year like I've seen some other funds charge, which is akin to taking an acquisition fee every year.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3162634/small_1735592962-avatar-kylej350.jpg?twic=v1/output=image&v=2)
24 January 2025 | 15 replies
After graduating in 2015, we moved to Oahu, where she completed a one-year AEGD program.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3179792/small_1738806607-avatar-benf289.jpg?twic=v1/output=image&v=2)
13 February 2025 | 8 replies
I’m excited to introduce myself as an investor and realtor with 18 years of experience in the real estate industry.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3180923/small_1739047092-avatar-chasea103.jpg?twic=v1/output=image&v=2)
9 February 2025 | 3 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2616064/small_1724706048-avatar-jarone3.jpg?twic=v1/output=image&v=2)
13 February 2025 | 9 replies
Hey All,I'm a newer investor in the Phoenix area and I recently passed 1 year since purchasing my first duplex and house hacking it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1669508/small_1715981795-avatar-collinh21.jpg?twic=v1/output=image&v=2)
13 February 2025 | 10 replies
They both were up in the Glendale area for 15-20 years or more, and were very involved with the local business community.