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19 December 2024 | 3 replies
You can also double hack these if you have enough units and live in one unit and use one unit for your business, but of course that decreases your cash flow but increases your usability.You can also use an FHA loan to get a mixed-use property with only 3.5% down if the residential square footage if more than 50% of the total square footage.
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18 December 2024 | 0 replies
The median price in the greater Austin MSA increased 2.4% to $435,000 over the same period.
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20 December 2024 | 12 replies
It allows tenants to increase their credit scores by an average of 60 points, and I provide it free of charge.I have over 600 adult tenants.
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16 December 2024 | 21 replies
By accepting pets, it not only has it increased my cash flow per stay, but it has opened up my place for more bookings.
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21 December 2024 | 11 replies
San Diego SFH rad average rent increase of $600/month last year (source Core Logic).
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16 December 2024 | 3 replies
The goal is to cash flow so I will rehab the property and increase the rent.
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17 December 2024 | 16 replies
Combine that with rates that are near high for this century. 3 things could solve this 1) RE prices fall (that would be bad for me) 2) rents increase a lot without RE prices increasing similarly (this would be bad for tenants) 3) rates fall a lot.
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17 December 2024 | 86 replies
If you can find properties where you can add value (adding units, increasing rents) then you can increase the value of the property, refi and get your money out.
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18 December 2024 | 5 replies
If it's in your name you can look into the potential for a HELOC or potentially refinance to pull out some of the equity you've created, but you'll need to do the math to see if you're payments will increase based on the new loan terms.
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23 December 2024 | 10 replies
If your rental income increases faster than inflation, you will have the additional dollars you need to pay inflated prices.