I intend to get a single family residence, add an ADU, live myself in the residence and rent out the ADU as a studio apartment long term.I have checked my city's ADU laws and long term renting is permitted.Question : can I obtain the REP status while maintaining the ADU while it is in my primary residence?

I'd love to hear if anyone has become a licensed/certified home inspector to support their journey as a real estate investor. I am based in Virginia and licensing requirements here seem manageable. Upon BP member re...

I am going to take the NJ Brokers' license test.  I am not finding much material online or a book to study from. Can anyone recommend any sites, courses, videos, or books to purchase so I can prepare for the test?Than...

Quote from @Steven Cornell: Quote from @Vince Scipione: I hate directly plugging my own market on here because it feels grimey, however I feel like with what you described, this may be an obtainable market for you.

I recently spoke to a realtor in the poconos, in particular regarding Masthope and he said obtaining a str permit is very hard now, if not impossible.

What would best the best way to obtain them?

Quote from @Lawrence Mitchell: @Jaycee Greene  I'm looking to obtain insight about single family homes and potentially elevate to multi-family properties.

Additionally they must acknowledge that this may affect their ability to obtain future financing.4.

I'm a real estate broker and my client is a high W2 earner, taking advantage of the "STR Loophole"His CPA told him that he can only do cost segregation on properties which are active STR's.My understanding was that, if he obtains REP status through any one of his properties, that he can take advantage of depreciation on any investment property, even if that one is not an STR.

So, we obtain a full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc. to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyWe also obtain data from national databases about evictions, convictions, and sex-offender histories.