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6 February 2025 | 1 reply
If the land is in a suitable location, this could open up opportunities for developing 2 homes or even selling off one of the lots, which could lead to a good profit.
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22 February 2025 | 30 replies
Though, my main goal is to be break-even or close to it in cash flow once a property manager steps in to take over.
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17 February 2025 | 15 replies
I've never had a single complaint from any of my STR guests regarding not providing streaming services.Also, be sure to set that expectation up front in your listing - let guests know you provide high speed internet and have smart TV's so they need to bring their own log-ins if they want to use any streaming services.
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6 February 2025 | 3 replies
Ended up calling the Jersey City Division of Housing Preservation and in essence the entire home has to be in good order even if certain parts aren't accessible to guests.
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19 February 2025 | 4 replies
So if the house is worth 300k and you owe 200k then most you could pull out would be 40k (minus costs) and it would be a second mortgage most likely which would be expensive. 7.5-9.5% likely.But, you can put as little as 15% down for a conventional loan on a single family.
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12 February 2025 | 9 replies
Most people never own a single rental.
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14 February 2025 | 9 replies
Seems like with an up/down situation or even a side by side duplex in Denver is difficult to find positive cash flow.
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4 February 2025 | 12 replies
house hack in some sort of fashion.Either buy a duplex or large single family that you can rent out a room/side of the houseOr buy a fixer upper in the best neighborhood you can afford.
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13 February 2025 | 10 replies
LTV can reach 70~80% even the cap rate is only 4.0%.
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8 February 2025 | 22 replies
One particular property that I looked at was converted from single family with a one bedrom unit on the first floor and two single room apartments on the second floor.