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11 January 2025 | 19 replies
I have 9 partners on the mountain house at $117,500 each, and 10 partners on the beach house at $110,000 each, and I am currently looking for a few more partners on my jungle house near La Fortuna at $110,000 where there will be a total of 7 partners.
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19 February 2025 | 13 replies
IE - if any units are receiving Section 8 vouchers or other forms of housing assistance, Freddie & Fannie only look at the tenant paid portion of rent when determining whether or not the unit is Mission Driven @ 80% AMI levels.For example, let’s stick to the 2-bedroom $2500 Mission Driven 80% AMI cutoff example above.
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2 February 2025 | 2 replies
Our team has noticed an uptick in buyer demand paired with a continued decrease in housing inventory.
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4 February 2025 | 2 replies
I believe depreciation on that unit that you were living in starts at that point as well.just bringing this up because it was mentioned in another post where someone was house hacking.
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18 February 2025 | 43 replies
Thank you Eric.In addition to the rental properties, my wife and I have a paid off house, paid off car, and about $1.4m in retirement accounts, brokerages, and savings.We live in a HCOL area and our expenses are $9.5k per month even though we live pretty modestly.I set out initially to have real estate pay for at least some of my expenses in order to give me more freedom and financial security.Is your wife quitting too?
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5 February 2025 | 13 replies
on a 100 year old house that rents for $1000 a month that's about to need a new everything - that is spectacularly deficient.
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2 February 2025 | 3 replies
I'm thinking about investing into section 8 housing in STL and I'm new to this game.
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28 January 2025 | 5 replies
I had a client use one for their house hack in salt lake city area and it worked out well!
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4 February 2025 | 7 replies
Divorce - its easier if the house is in the divorce decree otherwise you need to play mediator between parties to come to an agreement.