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13 October 2024 | 11 replies
It sounds like your tax professional would have grouped these actvlivities based on the situation you are describing.
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14 October 2024 | 2 replies
Most likely, we'll be building a duplex ADU with both units being ~800 sq feet.
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14 October 2024 | 16 replies
I looked it up and it seems like you might be screwed either way, even people who had Flood Insurance are having claims denied because of the 2 storms having different types of damage.
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15 October 2024 | 5 replies
My advisor suggested that at my stage of the game, 8 properties, it likely made more sense to keep the extra money available or in the business to use as emergency funds or to accumulate for another down payment.
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14 October 2024 | 1 reply
Do you know if I would be required to help them with moving costs like a month of rent, or 2 or 3 months?
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14 October 2024 | 31 replies
Hey Shelby - You are correct, turnkey properties don't get the lime light like flips / brrrs get in general within the BP community.
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14 October 2024 | 1 reply
I would like to convert my current primary residence to an investment and rent the home.
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14 October 2024 | 2 replies
.- Use tools like the BiggerPockets mortgage calculators to see how different interest rates and loan terms affect your cash flow.If you have more questions or need further guidance, feel free to ask Good luck with your duplex venture
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14 October 2024 | 2 replies
I need to meet more people who I aspire to be like.
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14 October 2024 | 2 replies
It sounds like you've done both.Most important is the notification period prior to evicting them (30, 90, 120 days notice etc.)I've attached a picture how we have to go about serving notices in WA state.