What would be the advantages to buying a duplex, living in one side, and renting out the other as opposed to just renting out both units and living in a rented apartment? Assume that the duplex is being purchased in c...
Hello! I bought a house in Tinley Park in 2021. Current mortgage is 1748. Interest rate is 3%. I have renovated most of it (new hardwood floors, removed walls, paint, new banisters, furnace, roof, HVAC, cabinets, app...
I am a live-in landlord, I rent out the rooms to other tenants. There is 1 roommate, she has been here for 5 months, me and her are both females and early 20s. Before she moved in, she did not ask us about any accommo...
Hi everyone. I had a random thought while comparing potential properties. Some houses have all the living space in one or two big rooms, living room and dining room, or a combined living/dining room. On the other hand...
Hello all, long time lurker but first time poster!Looking into getting into my first RE deal, I originally planned to house-hack a duplex but have been looking at the possibility of doing a live-in flip - since distre...
Hello BP Community,Recently, I've been getting mortgage quotes from different banks/lenders, and I've noticed a repeating question. They all ask me if I intend to use the property as a primary residence. Or in other w...
Hey BP Family.
I am in going to be purchasing my first investment property by the end of the year and I plan on house hacking it. I am wanting to get some feedback/guidance from other house hackers/investors on when...
What do you all think about me renting an apartment in order to invest in other RE for cash flow?
I am finding that where I can afford to buy is not where I want to live; where I want to live, I cannot afford.
So,...
Hi. I am a Canadian first-time home buyer and have just purchased a fourplex. I am trying to decide if I should live in one of these units vs. renting all 4 and continuing to rent at my current house. For context, I a...
Does anyone have any advice for dealing with back-taxes and the risks/drawbacks of house-hacking a primary residence as an investment property as well? So many people say house hacking is the best way to start, but I ...