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4 August 2024 | 7 replies
Look into a vacation home loan as well if you own primary.
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1 August 2024 | 0 replies
The plan regarding primary residence is to finish the basement out to increase a number of bedrooms and capacity for the short term rental.
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2 August 2024 | 7 replies
Having this mindset this early will pay off very well in the end!
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2 August 2024 | 5 replies
I am planning to do some flipping projects in the South Bay.
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4 August 2024 | 1 reply
Our strategy is to buy land cash, take construction loan to build the structures.Some napkin math for this strategy:Land cost : $200,000Building and furnishing Cost: $400,000 for each A-frame (Provided we have electricity, well ready )Airdna revenue estimate shows $400 night rate with 70% occupancy.
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5 August 2024 | 9 replies
Currently I am getting an amazing rate with Encompass Insurance as they bundle our rentals as well as personal home, auto, etc.
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1 August 2024 | 42 replies
Looks like they can be financed as well.
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1 August 2024 | 9 replies
As of now thats not an issue for you, but if you plan on expanding your portfolio utilizing the LLC can open up more financing options for you down the road.
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5 August 2024 | 7 replies
@Corri GoldenIt cannot be "up to you" how much to deduct, they probably did not explain it well.
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3 August 2024 | 6 replies
Please let me know if you are open for some discussions and I hope to prove myself to be of great help in your journey as well.