19 November 2024 | 28 replies
I'm originally from Western PA as well (Slippery Rock) and now reside in Atlanta.Here is how I am looking at it along with the assumptions I am making:1) I think the growth prospects are better in the Atlanta market than Pittsburgh from a pure demographics standpoint.2) I estimate your return on equity at 7.2% currently3) Over the long haul appreciation is going to take you further when it comes to net worth than cashflow will4) Doubling of the roofs is doubling the expensesThings to consider:1) What is the year built of your Atlanta property vs. what you could replace it with in PGH?

15 November 2024 | 13 replies
They have ways now to know where the oil is under the ground that are more sophisticated than random wildcat drilling.

16 November 2024 | 1 reply
Investment Info:Single-family residence buy & hold investment.

16 November 2024 | 6 replies
@Kristin SolbachIs your primary residence in TX?

18 November 2024 | 12 replies
I've been house hacking my place (I rent out a 3-bed 2-bath residence and live in a small in-law unit in the back) for just about 3 years and have been setting aside money each month for my reserve fund.

16 November 2024 | 2 replies
For non-primary residences, they have to follow all of the following rules to receive a permit: - the property must be a minimum of one (1) acre in size (designed as a precaution to disturbances)- The building standards of the underlying zone district must be met - Adequate parking is provided - Defensible Space requirements are met - Valid water and sanitation must be demonstrated - No more than five (5) bedrooms are in the dwelling As time goes on, they continue to become more strict on the rules listed above here, and are actively regulating it.

16 November 2024 | 3 replies
My primary residence is debt free as is my rental property-- the thought is the rental will supplement the retirement income and I'm not chasing ROI/ COCr / vacancies / etc.Thanks for the welcome!

15 November 2024 | 4 replies
Often times we have the vendor/contractor reach out to the resident to communicate directly on a time when they will be home to let them in.

14 November 2024 | 1 reply
It only applies to residents living in Jerome Village so for investors, it would only apply to rental income from Jerome Village properties, not your entire portfolio or out-of-state income.

15 November 2024 | 4 replies
I used to manage a few MH communities in Michigan and oversaw transferring of titles when our residents sold their homes.