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30 January 2025 | 2 replies
Meanwhile, gross rents of $1,800+ for 3-bedroom single-families is an achievable figure, so it’s possible to generate cash flow if you lever modestly.There’s a bunch of other stuff that’s worth highlighting—the economy, demographics, neighborhoods, new construction, and more.
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13 February 2025 | 95 replies
I mean really, I don't even talk about my money with family members, some of them would be the last ones I'd say anything to, but the have an idea, that's all they need to know.
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26 January 2025 | 6 replies
The family purchased a lakefront property in a nice area three years ago but then ran into a series of issues, and have abandoned the place because of them.They are hoping the bank allows a short sale (asking for roughly $20,000 under what is owed)Here's what's made them so unhappy:Anytime they used the laundry it was dumping into a dry well, which would back up into the house forcing them to take their laundry to a laundromat instead!!
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21 February 2025 | 250 replies
I'm Canada (and like your family in BC would hate it if you said British Canada).
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6 February 2025 | 10 replies
., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.
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30 January 2025 | 5 replies
Do a bit of digging, and you can find single-families in suburbs like Decatur or Meridianville that appreciate at rates above the statewide and nationwide average and hit the 1% rule at the same time.One caveat, though, is that most rentals in Huntsville proper probably aren’t going to deliver the cash flow you’re looking for.
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20 February 2025 | 18 replies
Do they have a family that depends on them for stability?
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9 February 2025 | 12 replies
I agree, but nothing appraises above maybe 250k for a very nice single family house on a few acres.
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7 January 2025 | 8 replies
To answer the first big question in your post — single family vs multi-family — I am firmly in the multi-family camp.
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30 January 2025 | 4 replies
My family has been in it all my life.