Conversion to Primary Residence: I want to ensure a smooth and legal transition that preserves future tax benefits.

Experienced multifamily landlords, what’s your go-to strategy for improving resident retention?

Are all those loans going to hurt my personal ability to purchase a primary residence?

Everyone has already said it: no capital gains if you claimed it as your primary residence in 2 of the most recent 5 years.

Starting at 19 and already thinking about credit, FHA, and house hacking is strong.That said, slow the timeline down in your head a bit.If you’re moving to the U.S. or Europe, your first challenge won’t be BRRRR — it’ll be residency status, stable income, and building credit history in a new country.

Hi all,Before converting my home into a STR, it was my primary residence for 1 year.

Therefore it is wise for us to make sure that reserve is included upfront.

From scoping out the area and knowing several residents living in these types of properties, average rent for a two-bedroom seems to be around $2,000.00/month.I have some questions, as I have no experience with the application process or landlording and would like to know whether my goal seems feasible for someone buying for the first time.1.

Most lenders will also typically require reserves which would also need to be in US dollars in this case.3.

I am seeking advice when it comes to pulling out a HELOC on our primary residence.