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5 February 2025 | 5 replies
Benefits:1) Tenants can't lock keys in house, they have to use their key to lock the deadbolt.2) Cheaper to rekey or replace locks (only deadbolt!)
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3 February 2025 | 1 reply
I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.
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7 February 2025 | 1 reply
In today’s housing market, where inventory remains tight and competition is fierce, speed and decisiveness have become critical factors in securing a home.A Market Defined by Scarcity and CompetitionThe U.S. housing market is still struggling with the effects of years of underbuilding following the 2008 financial crisis.
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22 January 2025 | 3 replies
very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one.
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7 February 2025 | 11 replies
In a worst case scenario like the house burns down or a tenant sues you and you're not insured properly, that's a big risk.
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6 February 2025 | 2 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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4 February 2025 | 2 replies
The mold house would only be a good investment if you can buy it at a low enough price to cover the necessary renovations.
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11 February 2025 | 8 replies
Quote from @Daniel Vargas: I think you should consider a house hack.
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20 January 2025 | 16 replies
Why move the house . just cut a section off .
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7 February 2025 | 8 replies
I'm having a very hard time with them and on the verge of losing my earnest money on a house purchased to flip.