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18 January 2025 | 36 replies
I like using these for just this case.Another item to consider is since this is a 2nd floor I wouldn't be that worried since the 1st floor will heat the 2nd floor enough to not allow frozen pipes.I would also talk to an HVAC person because I believe they can also put a device to cycle the heat a few times a day or even put a secondary thermostat in the apt to take care of the minimum issues.I feel for you because otherwise you have a great tenant.
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21 January 2025 | 8 replies
If you ever have any questions as a new member feel free to reach out I enjoy helping.
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20 January 2025 | 1 reply
We feel hesitant to send her another pay stub and a copy of our driver’s licenses.
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21 January 2025 | 10 replies
If you have further questions, feel free to message me, I would be more than happy to help.
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22 January 2025 | 9 replies
After House Hacking, or if you can’t find a way to House Hack, you should invest where you feel you have a competitive advantage.
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16 January 2025 | 23 replies
To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.
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29 January 2025 | 24 replies
I feel ya, but it's a normal and customary practice.
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20 January 2025 | 8 replies
And feel you'll have more options / strategies to explore with a tri or quad plex in the long range.
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16 January 2025 | 1 reply
Please feel free to send me a P.M.