TLDR: I seek input on roommate rooms in a house hack situation.I am a Seattle-based investor, and all my properties are house-hacking situations, now called Co-living spaces.I am currently focusing on creating a more ...
Hello,
I've been reading a lot about the taxes involved with house hacking a SFH, but the main thing I can't figure out is what is normal/expected by the IRS for calculating the percentage of the house that shared ...
Hi investors and happy arrival of summer! I'd highly appreciate anyone who could help to draw up a contract between myself as an investor and the seller as well as tenant buyer . Any shares of personal experiences and...
Hello, Initial strategy was different, but due to change in market struck with current scenario. Two person equally shared down payment, but mortgage is on one person at 3% interest rate. Affects the DTI little bit. A...
Hey all I have searched the forums but don't seem to be finding the answer I am looking for. My question is related to a commercial mortgage with three partners holding an apartment building in an LLC. Since the LLC i...
Hello, Has anyone here have experience using FlipSystem? If so, could you share your experience and would you recommend it? Thank you!
I am planning to invest in a property with 2 other persons. I will bring 42% of capital. Person A will bring 42% of capital and Person B will bring 16% of capital. Person A will also do all labor work i.e buying and r...
Steps:
1-Live in and hold mortgage on primary SFH
2-Add additional persons to title only
Scenario, additional person on title gives closing cost $$ of 3.5%, add the person to title as 7% ownership and rides it out ...
Hello. Two friends want to buy a property together. One person lives very close to the property (4plex) and has a lot of experience managing properties because he owns other properties over many years. The other has n...
Looking back, I must acknowledge that personal branding and social media played a huge role in my success. In today's digital age, it's essential to prioritize your personal brand alongside your business brand. When y...