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All Forum Posts by: Andrew Vaught

Andrew Vaught has started 2 posts and replied 3 times.

Post: Owner occupied roommate issue

Andrew VaughtPosted
  • Hammond, LA
  • Posts 3
  • Votes 0

Hey all,

3 months ago I got a roommate for my townhouse. She's in her 40s and going through a divorce; she just needed her own space while it's in progress. Initially she asked if she could bring over one of her 3 kids once a week. I said of course. Shortly after that she asked if her two boys (10yr and 12yr) could stay here every other week for an extra $100/mo on her rent. Being a child of divorce, I'm sympathetic to the situation. Around early May she asked if one of her old flames could stay with us for a month or more, I told her no because I'm not comfortable since I don't know him and I don't want another roommate. Apparently he got his own room for rent in the city but he's at my house 5-6 days a week. It's getting more and more on my nerves since 1) I told her I don't want him living here 2) he doesn't pay rent and 3) I don't want another roommate.

I don't want to burn the bridge with my roommate because she's interested in renting my whole house when I move out, which is perfect. And she is a great roommate, aside from this particular issue. Does anyone have advice on how to handle this type of situation with grace and diplomacy?

Post: If no MFRs are available then...?

Andrew VaughtPosted
  • Hammond, LA
  • Posts 3
  • Votes 0

Great advice, thank you everyone! 

Post: If no MFRs are available then...?

Andrew VaughtPosted
  • Hammond, LA
  • Posts 3
  • Votes 0

Hey BP community,

I’m new to the real estate game in the southeastern Louisiana region. I’m still in the process of learning as much as I can through books, the podcast, and picking my mentor's brain.

I live in a nice college town area that is fairly small but by no means tiny. I'm interested in buying my primary residence in this town and would prefer to do so with a duplex or triplex. The issue is that there are few MFRs on the market and none of them are good deals. My question is since MFRs aren't plentiful where I live, should I get a SFR instead? Decent 3/2s here run between 120k-160k, and In doing so start building equity for future investments.

I appreciate any input!