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12 February 2025 | 1 reply
.: Its typical for real estate investors to hire a private home/building inspectors to inspect a real estate property before they buy it.
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15 February 2025 | 17 replies
Currently just continuing to build my knowledge base and analyze deals.
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5 February 2025 | 17 replies
Credit Rating/Bank Statements/Tax Returns: Specify your requirements, if important to you.Purchase Criterion: How do you define a good deal, which will be profitable for your borrower and safe for you?
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15 February 2025 | 15 replies
Of course, I had to make additional assumptions about the cost of property taxes, insurance etc.
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25 February 2025 | 10 replies
I choose that path because it was the fastest way to build equity and to cut my living expenses.
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10 February 2025 | 6 replies
Or sell using the 1031 exchange along with a partial 121 primary residence exemption There is a way you could take advantage of the 121 primary residence exclusion allowing you to take the first $250k of the gain tax free ($500k if married) and qualify for a 1031 exchange.Say you purchase a property as your primary residence (house hack extra rooms for extra income) and lived there for two years while stationed there.
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28 January 2025 | 6 replies
If you are taking out a conventional mortgage of any kind, you can't buy in the LLC as it does not have two years of tax returns.You are also asking if an entire state is good to buy multifamily, which means you are too soon in the process to even talk about buying.
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25 January 2025 | 5 replies
Wanted to still be close to family but maintain a cheaper lifestyle, still have strong appreciation, and much better tenant/landlord laws, taxes, etc.
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22 January 2025 | 8 replies
@Jacob HavlovickCongrats on purchasing your first duplex and starting your house-hacking journey—this is a huge step toward building wealth!
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18 February 2025 | 4 replies
I'm going to PM you a few suggestions for title companies.Are you building your A-team or going solo?