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25 February 2025 | 29 replies
To so a duplex or triplex.
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25 January 2025 | 24 replies
So all you see is problems.
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21 February 2025 | 7 replies
Hey @Thanh Lu, so you didn't say where you are located so it is important to check down to the city level what constitutes a tenant vs guest.Most often it is 30 days or more, but there are some that state 28 days or even more vague for squatters rights.
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20 February 2025 | 7 replies
Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.
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19 February 2025 | 9 replies
Just closed on a couple of properties a week or so ago.
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16 January 2025 | 21 replies
The appraisal stated one was an office, another was a den and the 3rd was I think called a daylight room.
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19 February 2025 | 6 replies
Also, a good number of people see wholesaling as acting as an unlicensed agent getting net commissions (which are illegal for agents) so some see it as illegitimate entirely.
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19 February 2025 | 14 replies
Your plan seems solid so far, good luck!
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19 February 2025 | 0 replies
I worked at hospital diagonally across street so very convenient and at the time this 2bed 1bath was all I needed.
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21 February 2025 | 10 replies
Love your journey so far—turning that first property into a big win is inspiring!