All Forum Posts by: Aaron Breckenridge

Picking this one back up: Dallas has restricted most short term rentals except for in certain areas as of this past summer. City of Dallas Short-Term Rentals code How is that impacting MTR in Dallas? Are you finding MTR to be increasingly competitive? 

I have a 3/2.5 in Old Lake Highlands near White Rock Lake (~1 mile) that my family and I are living in as a primary residence, but I have been thinking about house hacking into another house and then doing a MTR on this 3/2.5. The house is valued at $745k or so, and we have about $300K equity in the home.  I'm trying to figure out if I can get the consistency in MTR for the price I need to cover the mortgage.  Doing a LTR would likely be a negative cash flow.  I'd like to keep the house for long-term appreciation since it's in a good school district and has low crime. Would welcome anyone's thoughts!

Just in case if you don't find a duplex, triplex or quadplex, look for a SFH with a decent basement that you can rent out.

That way you can house hack as well as enjoy living with your family in single family house.

@JD Martin

I saw a report today that last 3 years of economic data were off significantly and they revised them. They were off so much I think the number was chances of them being off this much was 1 in 4 billion. Basically saying it’s impossible with out data being manipulated

It’s gonna get a lot worse and people have no clue just thinking everything hunky dory and home values will continue to go up. Curious where all that money comes from when Congress balances a budget and rates are 8%.