Hi all,I live in Philadelphia and am planning on using the BRRRR method for my next purchase of a three-bedroom. When I run the numbers, it makes more sense financially for me to rent out the bedrooms individually ins...
How many people should be on the lease?I was speaking to a buy & hold investor in Florida and she says that she only puts one person on the lease, the breadwinner in the relationship. She still runs background che...
Good Afternoon BP!I need some help. I am drawing a blank on the name/category of tax break individuals can receive after selling a home for a gain as long as it is their primary residence for 2 of the last 5 years at ...
Is it legal to lease rooms in primary residence long term in Colorado Springs? I have searched city and state government websites and I see that short term rental is fine, vis a vis Airbnb, but I cannot find anything...
Which would be the more cost effective account in order to withdraw the most amount of money and be taxed the least for real estate withdrawals? Would it be a Roth IRA or individual brokerage account?
Hi All - I am wondering if anyone who does rent by the room in the Atlanta metro area has advice on how to do a rent by the room rental? Specifically, how to go about managing unrelated persons living together per cou...
Hey all,Let's consider a scenario: An older family member is moving to town and buying a house. This person will put a significant portion (50%) down, so there will be plenty of equity in the property. This family mem...
My marriage is not legally recognized in my state, and probably will not be in the forseeable future. (Thanks, Ohio!) My partner and I are both listed on the mortgage on the house we live in. I'm wondering if our lega...
My wife and I are buying a condo in a primarily college town. It has 3 rooms so most tenants will be unrelated. We are trying to figure out if we should do one lease for all or separate. One of the biggest questions t...
Hi, I have 15 condos in different communities of Robbinsville, Hamilton, Ewing, Mount Laurel. I would consider them "A" class properties that have modern update and improvements. NOI is about 178K. I am looking to see...