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6 December 2024 | 9 replies
Listing it “as is” with a $25k rehab concession can attract these buyers.Consider these options:List on investor-focused platforms like Roofstock or BiggerPockets or Facebook Marketplaces, where you’ll find buyers who appreciate tenant-occupied properties.Network with local investors or REI groups in your area to find someone looking for a turnkey rental with upside potential.Hire a real estate agent experienced in selling tenant-occupied properties, but adjust your pricing to cover commissions if needed.Make sure to highlight the stable tenants and ADU potential—those could be big selling points!
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12 December 2024 | 6 replies
This helps you identify which factors drive the best returns and make confident, informed decisions.It’s also important to test your numbers with scenarios like higher vacancies, unexpected expenses, interest rate changes, or rent adjustments over the years.
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15 December 2024 | 25 replies
If it’s not a partnership or other entity then the balance is not that important, but if you’re already reconciling books and have A solid set of books it’s best to provide the balance sheet.
10 December 2024 | 3 replies
If I keep the house in my name and use it as a rental, would I need to do anything other than notify the lender and adjust my homeowners insurance to reflect the house is a rental?
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25 December 2024 | 60 replies
if you add one ADU, you will likely be comped against quads with maybe a slight adjustment for it not being a true quad.
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19 December 2024 | 13 replies
How to set up in 2025 is incredibly difficult.
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17 December 2024 | 4 replies
From what I’ve read in the Street Journal, this part of Austin is set for steady growth in the next decade.A buddy of mine - let’s call him Jeff..picked up a couple of lots near Del Valle back in 2021.
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16 December 2024 | 8 replies
I don't have the skill set YET to gauge rehab costs and try to BRRRR, but I'd like to learn.This is definitely a choice but my option is that you will do better if you focus on duplexes and cherry-pick a few SFRs as you come across them.As for your Strengths, it sounds like you have an excellent ability to save and your ability to bulk analyze data will serve you well to identify big-picture areas, property types, and characteristics to focus on.I like that you realize the first investment will not be your best investment.
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13 December 2024 | 5 replies
It keeps each set of books separated and allows for quick analysis of each building.
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18 December 2024 | 9 replies
2.Create a direct booking website and set up an escrow account where guest payments are held and disbursed to the property owner and cohost according to agreed terms?