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24 February 2025 | 1 reply
And you’re still not in Nazi Germany.BUT, Donald Trump is about to make a lot of people rich.
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3 February 2025 | 8 replies
One thing to note when getting conventional mortgages and spouses.There is a 10 limit per person for conventional financing.You can either do 10 conventional in each person's name which would be 20 mortgages for 2 people or if you do the mortgages jointly, will only allow 10 in total.My thoughts are not to own joint assets until you are both married.
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7 February 2025 | 13 replies
This was my first big lesson in “letting people down.”
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1 February 2025 | 4 replies
👇👇👇 We see people breaking the rules all the time and here on BP as well.
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6 February 2025 | 1 reply
Hi @Robert B Azimi,A home that has been registered through The Mills Act, can be rented out the same as any other property, and it can even increase rental revenue as there are people who really like the thought of living in a historic house.
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5 February 2025 | 54 replies
So don't be confined to just areas/markets that you know people in!
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8 February 2025 | 10 replies
And I don't think it is as clear cut as people are saying.
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6 February 2025 | 0 replies
Since there are 3 people living in this condo sharing the kitchen, I am not able to pin point exactly who has been doing this even though I have some idea.
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18 February 2025 | 9 replies
You could then again qualify for the Section 121 Exclusion, which allows you to exclude up to $250,000 ($500,000 for married couples) in capital gains from taxes.I think that people can get rich in this way without any tax burden.
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5 February 2025 | 8 replies
The challenge with unsafe areas is (1) potentially higher cost of maintenance such as broken windows, etc. and (2) this is by no means meant to be discriminatory but anecdotally from people I've spoken to the challenging tenants tend to be at the lower price points.