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Hello, I am looking for some advice on how to handle financing of a new primary residence. Here is the situation. I am looking at joining forces with my mother and buying a 10 acre property with two separate houses ...
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Hi BP! My wife and I are purchasing our first rental property and looking to set up a DBA. After researching some information about sole proprietorships and partnerships, we are confused about the right approach. We l...
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Here are the specifics. I have ownership with my wife and older son and his wife, all 25% each as members in two different properties. One is a 5 plex, Powell Properties Milton St, LLC and another 8 plex, Powell Prope...
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What is the best way to setup up bank accounts for rentals. I have my main personal account. I also have another bank account at a different bank just for closer convenience. I have a 3rd bank that I just opened up...
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My partner and I are looking for properties with a casita to house hack currently. Our plan is to live in the property for a year while AirBnB'ing the casita. After a year, we'd like to move into another property, and...
I am househacking a SFR+ADU, living in the ADU and renting out the primary residence. The ADU was an interior conversion -– it is attached to the primary residence, with the two separate areas sharing a door between k...
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Hi all,
I wanted to talk about soundproofing and see what the community thinks about noise separation between units.I am currently developing a legal basement suite in a single-family house in Edmonton Alberta, the h...
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So I'm seeing that a lot of SFHs in DC splitting the top and lower levels into two different spaces to rent out. Many of these basement units have what are called 'wet bars'. What do they mean when they say this? Is i...
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Hello all, we own two rental properties in Nevada and a house in California with no mortgage. We inherited the house when my moms parents passed away back in 2008. My parents are getting a divorce and mom wants to ta...
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My husband and I purchased a multi-family unit a little over a year ago which we live in on the 2nd and 3rd floor and we rent out the 1st floor. Our first tenant was already living in the 1st floor apartment when we b...