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26 March 2024 | 9 replies
The home is located in a Master Plan neighborhood with good schools, nice amenities, etc.My plan is to then move out of the 2nd home in a year and rent it for an actual profit and move into a new home using my wife's VA loan entitlement.
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26 March 2024 | 2 replies
. - Tax planning for 2022 and future years - Want to understand implications of doing STR and material partcipation rules.
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26 March 2024 | 4 replies
The plan is list 10 of our units on Airbnb (we have current PM systems, hospitality, cleaners and maintenance techs in the area already).
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27 March 2024 | 9 replies
Househack sounds like a great plan, it's always been on my mind.
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26 March 2024 | 1 reply
I later learned that it may be possible to split the lot through an SB-9 lot split which may optimize the value creation.I would love to connect with community members who are planning / in the process / or have finished an SB-9 lot split!
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27 March 2024 | 10 replies
If you are cash buying everything, yes you can be anonymous but if you plan on financing anything, that goes out the window.
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26 March 2024 | 7 replies
Hello everyone,I'm new to the Real Estate community, still learning and will appreciate any tips.I'm planning to buy my first property for house hacking in the next few months.
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26 March 2024 | 14 replies
awesome idea and here are some big tips:- know that the leases are often end of aug / early sept, through end of the school year. so some people who only do this strategy, see that they have high vacancy in the summers. plan for additional vacancy % in your numbers, OR try to have your leases run 8/1 - 7/31. - if you're renting by the room vs renting the whole unit to a group of friends, have the following written into the leases: designated cabinets, designated fridge space, designated laundry days, overnight guest rule (and what's considered 'overnight'), + large gatherings rule.- remember that you'll be paying all utilities if you rent by the room, so factor that into what you charge for rent, and consider using remotely-controlled nest thermostats so they can't jack the heat up beyond what any normal person would pay for (if you're in a cold area). the same could be said for a home with central air in a warmer climate.- consider baking into the rest biweekly housekeeping, so that you know that the property is being kept up with (prevents pest issues), and you won't have to deal with any quarrels over who's cleaning the common areas more than who.- always have the parents co-sign the lease.- make a manual for them. what would your own kids be calling you about when they first move out on their own?
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26 March 2024 | 5 replies
I'm a realtor here in Missoula, and I'm planning a large subdivision project with a partner of mine in nearby town, we'd be selling roughly 200 homes.
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26 March 2024 | 0 replies
We plan on flipping our first home soon and a few down the road to eventually keeping a few as rentals.