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All Forum Posts by: Donna Johnson

Donna Johnson has started 6 posts and replied 31 times.

Post: Trouble Finding a House Hack Property in Hudson Valley, NY

Donna Johnson
Pro Member
Posted
  • Posts 32
  • Votes 8

Hope it's useful for you!

Post: Trouble Finding a House Hack Property in Hudson Valley, NY

Donna Johnson
Pro Member
Posted
  • Posts 32
  • Votes 8

Have you checked out Hudson Valley REIA?

https://hv-reia.com/

Post: Santa brought you all Downloadables!

Donna Johnson
Pro Member
Posted
  • Posts 32
  • Votes 8

Thanks  for resharing the resources- Merry Christmas!  Let's make 2025 a prosperous one!!

Post: How to choose a location from the US?

Donna Johnson
Pro Member
Posted
  • Posts 32
  • Votes 8

One other consideration for Reno- college town.  The University of NV-Reno isn't going anywhere regardless of the economy. Of course a lot of gaming.  https://www.reno.gov/business/reno-s-economy 

Post: How to choose a location from the US?

Donna Johnson
Pro Member
Posted
  • Posts 32
  • Votes 8
Quote from @Evan Polaski:

@Mike Tikh, if you are going to live there, travel there and see which one you like.  

For a house hack, whether in a new market as you are noting or for people local, you need to find a place you want to live.  

I have not been to Reno, but climate is probably closer to what you have in Austin.  

The others will be cold, grey and wet from roughly November to March/April.  I know this isn't helping you narrow down your list, but only you can really do that. You can be successful buying small multis in any of these areas, you just need to learn them. 

What are the different neighborhoods like?  What are people in those neighborhoods looking for?  What is considered a good purchase price for that area?  

And then diving deeper, i.e. I love in Cincinnati, my pocket is very nice, but not a rental market.  The next neighborhood over (literally across the street) is pretty nice, but falls in a different township that has higher property tax, and then the next neighborhood (about a 4 min drive and 15 minute walk) is much lower end, and while fine class C-ish area, you can't push rents much, and the village has its own income tax, so you will pay 2% of your net to the village...

But back to first comment: take 4-5 days and travel to each.  When you pick one, rent an apartment for 6-12 months and figure out where you want to be.  Spend time around different neighborhoods.  You are going to be living there, so you might as well pick a place YOU want to live first.  Then live there before you start buying property.

I meant to post this to @Mike Tikh, but seems I mis-posted - sorry Evan

FYI Just a note about Reno- High altitude desert (4524'), https://www.bestplaces.net/climate/city/nevada/reno about an hour from Lake Tahoe & skiing https://logskirack.com/best-reno-nevada-ski-resorts/.  No state income tax  https://tax.nv.gov/about-nevada-department-of-taxation/incom...

Post: Lawton, OK rental properties?

Donna Johnson
Pro Member
Posted
  • Posts 32
  • Votes 8

Following....

Post: True Story: For immigrants, Real Estate is the best way to reach the American dream

Donna Johnson
Pro Member
Posted
  • Posts 32
  • Votes 8

Very inspiring!  Dreams + Hard Work = Success!

Post: Treating Mold in Crawlspace - Lumber Koat?

Donna Johnson
Pro Member
Posted
  • Posts 32
  • Votes 8
Quote from @Matthew Defore:

My pest control company sprayed this mold in my crawlspace last year with a mold killer last year, but I'm not happy with the results. Has anyone ever used a polymer spray product similar to "Lumber Kote" by the Redeemers Group? I'm considering upping my aggressiveness on remediating this issue with something that will cover up the color of the mold so it will indicate better remediation efforts to future potential buyers.  Does anyone have any experience in restoring this type of issue? Pic attached

  Home Depot sells Concrobium Mold Control.  You can purchase in a small spray bottle or a gallon and rent a difuser (which some HD rent) to mist for larger areas.   

Post: Investment Contract Attorney to Review Joint Venture Offering

Donna Johnson
Pro Member
Posted
  • Posts 32
  • Votes 8

I am looking for a experienced investment contract attorney for an out of state (Montana) joint venture project to review offering.  

Post: 2 bed 1 bath - Mini split vs Hvac vs Ac

Donna Johnson
Pro Member
Posted
  • Posts 32
  • Votes 8

I was just wondering the same thing.  Following.