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11 February 2025 | 15 replies
I'd personally sell the townhouse (doesn't sound like it cashflows or would make a good rental property) - you may have no capital gains if you have lived in it the past 2 out of 5 years - I believe the first 250k for single filers is exempt from taxes and the first 500k for married couples.
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12 February 2025 | 7 replies
Personally, I like to use Notion for this type of task, but I'm sure there will be others on here that will recommend Monday.com, ClickUp, or Asana.
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16 February 2025 | 4 replies
Second- these developments where the same person develops, builds, and then requires you to use them for management- they always suck.
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23 February 2025 | 18 replies
I’ve personally received a plethora of value from the BP podcasts as well as the connections I’ve made through BP.
12 January 2025 | 10 replies
A business line of credit through your LLC protects personal assets, builds business credit, and may allow interest deductions, but it might be harder to secure for a new LLC.
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15 February 2025 | 21 replies
. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal: $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses.
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12 February 2025 | 19 replies
There's no clear-cut answer IMO, it's a personal decision.
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19 January 2025 | 18 replies
There are loan programs that will do a 20% down payment with a 680 or above credit score.
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21 February 2025 | 9 replies
You might get transferred a couple times until you reach the right person.
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5 February 2025 | 6 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.