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6 November 2024 | 5 replies
Housing affordability is definitely a hot topic in Texas these days.
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21 November 2024 | 6 replies
It ends up being great that the solution really is very simple. https://a.co/d/2rjbtMJ
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23 November 2024 | 10 replies
Besides my current rent, I still have to pay an additional $1~2000 for the mortgage, etc.Pros:Better financing rates than for investment propertiescan manage it myself to save the PM feehaving my own place without worrying about rent increasesCons:May only afford a small townhome or apartment, not sure if I still want to live there after 5 yearOption 2: Investing in Out-of-State Multifamily PropertiesI could use my cash to invest in several multifamily properties out of state and use the cash flow to cover my rent.Pros:Potential to spread risk across multiple propertiesThe cashflow can cover my rent, maybe have extra leftCons:Additional costs for property managementLimited potential for appreciationHave no experience in managing OOS property, and I am afraid it will be annoyingI’d love to hear your thoughts or any advice you might have.
18 November 2024 | 1 reply
If your place is uninhabitable, tenants can end the lease or withhold rent until it’s livable, but I like to keep things friendly by offering a temporary rent reduction or helping them find a short-term solution.
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20 November 2024 | 9 replies
My solution for this is the create a dedicated email address to send your REI recording keeping to!
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19 November 2024 | 19 replies
Bottom line though is that it’s all up to them, which is also my fear for them, because I can foresee it simply being a situation where they go or gravitate towards the simplest solution or minimal amount of forethought.
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20 November 2024 | 45 replies
The real thing that will decrease housing prices is increasing supply, either by building more homes in an affordable range (and therefor probably smaller).
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25 November 2024 | 23 replies
Three beers and six hours of folding can not be my life if I want to get to my ideal volume which would be around 1-2k per month once I'm able to afford the list and the postage.
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18 November 2024 | 4 replies
I know there are some PMS lite solutions out there made for low unit count portfolios but honestly I used ical and excel until about 15 units.
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19 November 2024 | 12 replies
A simple non-tech solution.