Hey all,Last summer I transitioned from a LTR to MTR in my house-hacked duplex. Got my first tenants (traveling medical) and they have renewed 3! Great tenants and will hate to see them leave but they must move on due...
Can a landlord set up a minimum age requirement for an apartment. In other words, only 20 years old or older?Thanks
Hello All, There is lots of talk on here about Passive Losses and if there are deductible or not and if so, to what amounts. To my understanding, if you are NOT a 'Real Estate Professional' (which I am, but have never...
Hi all, I am considering the following strategy for a house hack in Old Town Alexandria. I am looking for a property with a walkout basement and I would rent out the basement as a STR. From what I’ve read on BP, the c...
I know this general topic has been talked about ad nauseam but I couldn't find an old BP article on this specifically. I am about to purchase my second BRRR rental property and am looking to set up an LLC for it (putt...
So I am tying to think my way through a few things involving these new downpayment rules.Only needing 5% down is pretty self explanatory. First thing I am trying to get clarity on. Can I use the new conventional to ...
My tenant currently has six people living in the property that has four bedrooms there are four adults and two children. The tenant has applied to add his two parents to the agreement. Bring the total to eight people ...
Theoretically, if there was a fourplex that was priced over the FHA max loan limit, would someone be able to use an FHA loan to owner-occupy and purchase 3-units as a "triplex" and then finance the last unit with an i...
Hi Everyone!I am new to the home flipping industry in Tampa Bay and am seeking feedback on which type of business entity I should pursue. I am obviously looking to maximize my coverages and protection, while minimize ...
While starting out in real estate, in doing my initial research and listening to the podcasts and such I hear of the hard money lending and private money as well as loans from the bank. My question is while you borrow...