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30 April 2024 | 22 replies
Though it has a higher upfront cost, multi-family properties are generally better suited for house hacking compared to single-family homes for a few reasons.
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29 April 2024 | 113 replies
So 1st of all, I should say the reason I bother to point all of this out is I think biggerpockets is a great value, I’ve met multiple people I consider good friends from this site & hate to see it ruined, to be frank I think since around the pandemic bigger pockets has increasingly been on of the bigger although certainly not the only purveyor of what I would basically consider real estate grift, the no money down buy 10 rental properties, just the other day you guys had Dave Meyer who is truly one of favorite real estate commentators on instagram promoting some program to invest in real estate with no money down and no assets, I know Dave likley doesn’t believe any of that and the social team justprobably made him do that, I think the push of sub-2 is a scam that takes advantage of old people and very possibly constitutes mortgage fraud, without naming names I think I number of proment bp personalities can be more or less considered grifters promoting their own stuff, while obsetobly working for bigger pockets, I think a key part of any website is basic editorial control and that bp has failed at thet, sorry if that is harsh but I say it because I care lol.
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29 April 2024 | 5 replies
(I'm thinking adding 2 Beds and 1 bath, or maybe a master with walk in closet and an on suite, a large corner home office, etc. raise rent to $1,600)Needs: Roof, Siding, and Basement Work (potentially more space if the basement is redone, adding a bedroom and bathroom, rent at $1,800?)
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30 April 2024 | 28 replies
I had one guy who complained about the upstairs tenant walking loud, he just wasnt' suited to the building.
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30 April 2024 | 27 replies
Both of those properties are older and may present opportunities to get in at a lower cost since you are willing to do the updates yourself.I would suggest if you are going to go with more moderate theming, a larger house will suite you better.
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30 April 2024 | 43 replies
Assess your financial situation, create investment guidelines and purchase houses that suit them.
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30 April 2024 | 54 replies
We lend to a ton of wholesalers for this reason, then no one can question selling your own house.I'm sure there will be more investor friendly brokers or those similar to New Western to pop up in states like VA as more states follow suite.
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28 April 2024 | 10 replies
Talk to your town about adding a legal suite.
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27 April 2024 | 20 replies
If I hired an attorney every time a person threatened a law suit or to seek legal representation, I might as well have one on retainer as it happens a lot.
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26 April 2024 | 10 replies
For a while she had a house with a rental suite and rented it out for extra income.