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30 January 2025 | 12 replies
What type of properties are you looking to buy?
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27 January 2025 | 56 replies
Buy something else.
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23 January 2025 | 1 reply
@James JeffersonHi James,To buy out the property you need to probably apply for a loan through any lender.
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25 January 2025 | 12 replies
@Travis TimmonsI had the same reaction as you did, but I held off on posting since I don't yet invest in STRs (I'm all LTR so far, and looking into my first MTR).Buying an STR "to offset income" makes me nervous as well...
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30 January 2025 | 24 replies
So if 3 siblings all buy a house together and all live in it when they sell up to $750k can be excluded.If married only one person needs to meet the ownership requirement-but both must meet the use requirement.
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23 January 2025 | 2 replies
I have a property on the barrier island that I do not want to list on MLS but I am interested in connecting with realtors or investors who typically sell or buy pocket listings and may be interested in this property.
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22 January 2025 | 4 replies
Buying a large new build home can also work well as a house hack as you can charge a premium rent, and generally most bedrooms built now a days have en suites (at least in my market).
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31 January 2025 | 6 replies
The hang up is getting deals formally drawn up.One idea:- I buy the property and pay 25% DP, then they provide capital after the closing and I pay them P&I over 5-10 years.
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30 January 2025 | 32 replies
Would also love to connect with experienced Cleveland rental investors.Much Thanks Cleveland is one of the few markets in the USA where buying stuff with the 2% rule is still feasible in 2023.
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31 January 2025 | 11 replies
Hey @Mike Nelson, never assume anything about STR rules and regs.Here is the STR rules for Oak Park - https://codelibrary.amlegal.com/codes/oakparkil/latest/oakpa...I would call the city and make sure it is legal for a specific property.Now regarding the famous person angle, sure it can add value to the property or as a STR, but for STR use, I would think you would need it to be in original condition with a lot of the furniture and knick-knacks that were owned by the famous person along with a bunch of photos etc featuring the famous person.If you buy a place that has been totally redone but was owned by someone famous but has no features or things that were theirs, then I don't see it being a draw.