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26 December 2024 | 4 replies
I've also considered just flying back to town and showing it myself as it would be roughly the same cost to do that versus a property management company, if not a less.
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25 December 2024 | 8 replies
This gives you a foothold in the market without overextending financially, and you can always explore other investments later.If you can find a multifamily property in Asheville, that’s an even better house hack.
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2 January 2025 | 36 replies
Given your concerns about California’s high prices and tenant laws, exploring out-of-state markets is a great idea, especially for rookie landlords.Oklahoma is worth considering!
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17 December 2024 | 16 replies
Structuring a 203(k) loan for your partnership involves some creative thinking, but it’s definitely worth exploring.
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25 December 2024 | 22 replies
I find this screens out any guests that could have issues and lays the groundwork for a great stay.It also weeds out folks (in our case) that aren't understanding the distance to town and certain activities in our area.
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18 December 2024 | 29 replies
You can also leverage stable income for creative financing and explore BRRRR in markets like Rochester to build equity and cash flow.
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20 December 2024 | 1 reply
Here are the details of the property:Property Overview:Location: Texas2 lots, 2 warehouse buildingsFinancials:Mortgage: $4,897/month (balance: $530,000)Insurance: $830/monthProperty Tax: $1,800/monthBuilding 1:1 tenantRent: $7,570/month12,000 square feetBuilding 2:3 tenantsTenant 1: $2,850/month (5,000 square feet)Tenant 2: $1,793/month (2,500 square feet)Tenant 3: $895/month (1,250 square feet)The property was appraised for $2,200,000 three years ago.Given the current rental income and expenses, the cash flow is decent, but my family friend is looking to explore options that could potentially yield better returns.Would it make sense to:Sell the property outright and invest in higher cash-flow opportunities?
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6 January 2025 | 77 replies
Like an agent asking how do you feel about the market in their town is reverse trolling, but an agent talking about the flip they are doing in the market for themselves, not a client, is not reverse trolling.
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30 December 2024 | 11 replies
For example: A small town has a large employer close down.
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27 December 2024 | 27 replies
The last month I have been exploring house hacking options as an easy option.