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7 January 2025 | 28 replies
., $700) to cover this, or are there other strategies for handling utilities in this situation?
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9 January 2025 | 116 replies
I am planning to self manage as well and since there aren't many managers in my area I will likely employ a similar strategy once I decide to outsource the management.
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10 January 2025 | 13 replies
You need to minimize upfront expenses because 100% of your investment is at risk and lost if the lot is not buildable.My favorite strategy is to locate the property and tie it up for usually no more than $100 for a period of 8-12 months, analyze it myself and if I believe it to have a chance at being buildable I create a permitting plan and market the property to other investors/builders willing to take on the permitting risk.
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5 January 2025 | 2 replies
It's been a pretty cool journey and has allowed me to leave my W2, however, I've come to the realization that my current strategy of delayed gratification is no longer working for me.
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30 December 2024 | 11 replies
Medford (North Boston) happens to be a low supply/high demand market so I absolutely need to get more comfortable with consistent rent increases but those increases need to be researched and in line with the market.
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7 January 2025 | 3 replies
I’d recommend focusing on building connections in Denver, exploring local markets, and considering strategies like house hacking or buy-and-hold investments to help you reach your goal of becoming a millionaire by 2027.Good luck!
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5 January 2025 | 11 replies
California prices are really unaffordable at the same time the state has consistently had outmigration of native residents for something like a decade and even negative population growth recently whereas Texas has grown substantially.
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27 December 2024 | 9 replies
@Grace Norton adding to what's been written already, you'll want to get a 2-year work history for both.To consistently pay rent, requires consistent income, which requires consistent employment.Pretty simple concept!
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6 January 2025 | 8 replies
They have taken strides to pave the way for ADUs - here’s the implications for real estate investors.It's crucial to understand Raleigh’s zoning rules for ADUs BEFORE deciding to implement this strategy on your current or future long term rental, Airbnb, student housing, MTR, house hack, flip, etc.
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1 January 2025 | 13 replies
These are also the banks that are more commonly relationship lenders and will allow your originations to out pace your balance sheet if you are consistently able to execute on the projects they fund for you.