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Hi there - Been thinking about ATX for some time now and I wanted to see if any one could dumb down the unrelated persons law for me in Austin, TX. Below is copy and pasted directly from the city site. SO - six people...
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I converted my primary residence to rental in Dec 2014. In Oct 2017, the tenant agreed to purchase the home. Although I sold the home at a significant loss, I'll actually end up with a gain due to depreciation recapt...
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Dear fellow Investors and Realtors, I am a new agent on the block! I just passed the WA state real estate broker exam yesterday. I am also a long time real estate investor!Now, my question to this group is- What are m...
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I have begun to contact banks to get quotes on the cash out refinance portion of my BRRRR. I got a quote from one bank so far and plan on getting a few more. When i say quote i mean i just told the loan officer "I am ...
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I am in the process of setting up a Self Directed IRA. My goal is to use my Roth IRA to lend funds to an organization that primarily flips homes. While reading through the documentation of the company helping me to ...
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When selling a primary residence that conforms to the rules of the home sale tax exclusion, does simple subdivision work?
The home is on a small acreage, say 3 acres. Owner completes a simple sub-division into thre...
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I’m new to the investing world and am currently doing a house hack where my roommates pay most of the rent. I am in the process of refinancing so that my payment will be lower and roommates cover rent completely. I’d ...
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Hi guys. I am a total baby investor still in the money saving stage. I realize that FHA loans might not be the best option so I am still not convinced on them. Ideally I would like to put down at least 10% on my first...
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Hello BP investors! Have you worked with an agent that ended up being effectively useless, or more trouble than they were worth? How about an agent that made an incredible mistake that cost you a deal? Maybe an agent ...
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I'm under contract on a cmx-1 building with 3 units. The top 2 units are residential and the first floor is in shell condition. The first floor is permitted for commercial/office use however I'd like to change it t...