Hello, I am currently in the process of building an ADU for my parents. They may not move in for a year or two, and so I am wondering if it makes sense for me to live in the ADU, and list the primary home on Airbnb? M...
So the first year house hacking my duplex is almost up and to account for the amount of work needed on the property I decided to pause my contributions to my roth IRA and TOD accounts I have with a financial advisor. ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $15,000
Cash invested: $85,000
This property was abandoned for years after the owner moved into a nursing home. Alt...
Hi all, would love to crowdsource some opinions on making a decision here.
Our situation: Purchased a rental property (condo) ~2.5 years ago. Lived there briefly, but not long enough to use home/primary exemption f...
I want to make sure im not overstepping any laws or guidlines here.I built a house out of cash. Refinanced into a coventiontal traditional mortage. I now have someone who wants to buy it. Can I sell with only lived it...
I'm both a Quicken user (need to upgrade soon) and a Quickbooks user.We recently purchased our first cash flowing property. If I were putting in an LLC, no question, I would use Quickbooks. But since we currently own ...
With so many Real Estate investment strategies available, it's crucial to find the one that best suits you. This is something that I spend a lot of time wrestling with as I am learning where my personal path in real e...
Hello BP Community!
I have an investor who wants to act as a limited partner (in this case his LLC will provide 100% of the equity, he will get 50% of the profits along with 80-100% of any losses, and he will not tak...
Greetings BP Family I am seeking advice on establishing an efficient process for keeping tabs on accounting. Our business is anticipating doing about 3-4 flips this year, so we are not expecting overly complex books. ...
We tracked a lot of investment trends in 2023
Tired of California's competitive markets and skyrocketing prices? You're not alone. In 2023, a staggering 50% of investor purchases in the Golden State were made by out-...