Tim Holt
House Hacking in Rhode Island
10 December 2024 | 6 replies
The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck 😊
Garrett Matthew Hester
Cash out refi to turn current home into rental and use cash out towards new home
9 December 2024 | 4 replies
A couple of follow-ups so I can better understand.
Michell Chase
Inherited tenant on purchased property - seller didn't collect security deposit
12 December 2024 | 3 replies
Couple of questions on this one, as I have not closed on the property yet, but it is scheduled for next week. 1.
James Mays
Inspection Report - How would this inspection report affect your offer?
7 December 2024 | 8 replies
You are not buying a brand new house .
Prasad Raju
Herbert Avenue, Cincinnati 45215 -> Good place to invest?
2 December 2024 | 1 reply
Hi Team,I am looking to buy brand new properties that are getting built here Herbert Avenue, Cincinnati 45215.
Rick Albert
Water Submetering in Los Angeles with ADU
12 December 2024 | 17 replies
Maybe a couple per unit.
Andy S.
Pet rent in New Jersey
9 December 2024 | 5 replies
., great questions and there a couple of ways to handle this in New Jersey, depending on the situation.1.
Mak K.
Roofing project- Invoice & Paperwork & Documentation
1 December 2024 | 1 reply
The roofer gave me a invoice with high level bill of material, and a statement that it has 2 years of warranty and brand name of the shingles.It does not say brand name warranty or model or batch number etc.
Natalie Stanley
East Texas Investors
11 December 2024 | 8 replies
We lack the experience of you and your husband, but there are a couple of groups that meet regularly in the area.Impact Lindale is run by Roger Paschal, he is also a member of Bigger Pockets.
Jordan Northrup
Need an alternative to Stessa
11 December 2024 | 8 replies
I'm in the same boat, I've been happily using Stessa for a couple years and recently I'm having connection problems and they're not connecting with mortgage companies that are buying out my loans.