Quote from @Vanja Dimitrijevic: Hello, I've been researching BP podcast and resources and am looking into buying another property to downsize from the current one but wanted to use the equity in my current house to purchase a new house in the area.

Save up more capital and buy an investment property or just house hack for a year. 1 year really isn’t that long and flies by pretty quick.

If you get cat urine in the house, it can cost you 10x the pet fee to mitigate the odor.

They have been on a month to month lease since 2023 and we gave them 30 days to find new housing.

A recent study showed that 80 people are moving to this city every single week, which will continue to increase housing demand. 

Knowing the average bP buy and hold investor this type of information would be for advanced investors that deal in the back end of real estate not the front end like most who just want to buy a house for under market rehab refi rent or flip. 

I understand that of course that would bring higher paying jobs but how does that drive the housing prices up.

The presumption of most reading this is you mean stocks and bonds and other assets you would buy from brokerage houses.

We own a property in the mountains on 2 1/2 acres that has 3 houses with 9 bedrooms and can sleep 24 people.Our second house is on the beach off of Playa Avellanas.

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.