4 December 2024 | 4 replies
So practically it's likely easier to sell each one individually.
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6 December 2024 | 12 replies
Practiced as a lawyer and also had various investments.
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9 December 2024 | 23 replies
However, this also depends on their ability to prove your neighbor negligent, and the overall cost of the claim.
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4 December 2024 | 3 replies
You don't know the area, have no ability to lay eyes on it yourself and it's not easy.
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3 December 2024 | 1 reply
I’m still working on figuring out the best strategies and practices, and I’d love to hear from others who have been through similar experiences or have advice to share.Looking forward to connecting!
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3 December 2024 | 1 reply
You could ask that they put a year or so of savings into a separate account on which you have view access or receive a monthly statement so you can see they have the ability to pay future rent.They aren't going to last without other income or savings with income at 1.25x rent.
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25 November 2024 | 8 replies
I have some practical questions:1) How often do you clean the common areas?
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5 December 2024 | 6 replies
Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.
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3 December 2024 | 10 replies
My husband on the other hand is not tied to the mortgage and has the ability to obtain a conventional lloan as a first time homebuyer.
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3 December 2024 | 22 replies
Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.