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23 December 2024 | 5 replies
In the case of a multi-unit, the units you rent will be considered investment property *I am not a CPA, so trust but verify :)
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24 December 2024 | 8 replies
For CY25 I realistically think we'll be somewhat in the black with about ~3-6% ROI/COC now that much of the initial rehab is settling down and we have our systems in place.
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31 December 2024 | 13 replies
Is there a software system to track everything and notify the owner?
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27 December 2024 | 8 replies
To answer your question condos are better if they allow it but if you want to hop right in it with less risk I would go for a house or multi family deal.
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17 December 2024 | 12 replies
Build your systems first before you decide to invest though.
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24 December 2024 | 2 replies
For this type of a question I would suggest posting it in the multi-family forum.
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31 December 2024 | 76 replies
Also, when they said they have "network" to find investers/property owner to land my offers, and "system" to calculate profits in order to show whoever owns the property short term rental is the more profitable option.
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23 December 2024 | 21 replies
Starting with single-family and small multi-family properties is a smart choice, especially out of state.
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28 December 2024 | 8 replies
I looked into trying to house hack in LA, with roommates or multi family but it just doesn’t seem worth it with the numbers.
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20 December 2024 | 3 replies
You might find that installing a mini-split system, properly insulating, and ensuring the finishes match the main home’s quality will make a difference in how the appraiser views it.