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Hello BP!I'm a little behind the curve on this, but my Enrolled Agent suggested that I rent my personal home office to my LLC. This way, similar to when I used to rent out extra bedrooms, I can write off a portion of ...
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This is a low cost of living area, purchase price is 140k, 6/4 duplex built in 1900, buy and hold, B+ neighborhood. I have an ACV quote for 200k coverage at $712/yr. I have a RC quote for 470k coverage at $1,150/yr. D...
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Hello,I have a unit that was marketed as a 3 bedroom but can be made into 4 bedrooms (one room just needing a closet). The unit only has 1 bathroom and it is small with a small kitchen. There is a spacious living room...
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My husband and I just had our offer accepted for our first STR. We currently have one LTR. As I am researching insurance for STR, is it better to go with Proper Insurance, who claim to be the only STR out there (I h...
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I am excited to join BiggerPockets, I am a real estate investor and I am already enjoying the cash flow, equity, Tax benefits, appreciation etc., I keep my full time job and family life and make some extra money. My i...
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Just as the title says I have a new duplex and one unit will be rented LTR and the other unit (my primary) will be furnished MTR for portions of the year when I am out of town for work, I travel about 9 months of the ...
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I just listed my old primary residence on airbnb. Instead of moving all my furnishings to my new place, I figured I would leave them all in place and rent on airbnb. My ultimate goal is to have airbnb across the count...
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📸 Pictured here is my first day and my LAST day on the job!
⏳️ For the past 22 months, I have worked nonstop toward the goal of financial independence.
⏰️ 90-hour work weeks have been the norm, spending 50hrs at my ...
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Hello BP, I am getting ever closer to house hacking my first small multi on an FHA loan and have a quick question - We plan on buying with an FHA 3.5% loan, 30 year. I know this comes with two mortgage insurance premi...
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Looking into doing my first real estate deal with a house hack in the Cleveland area. Ideally in areas on the west side of downtown such as Lakewood, Ohio City, Brooklyn, Kamms Corner. I am leaning more towards a sing...