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31 January 2025 | 23 replies
to your point, if you save up so that you're in a strong financial position, house hack a solid duplex in a decent neighborhood, make smart decisions, and hold it indefinitely, you'll be fine.conversely, if you have $0 and somehow start out with a risky flip, or borrow $20K and spend it all on a magic mentoring program, or buy a terrible property in a neighborhood you've never been to, you may not be fine.
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1 January 2025 | 3 replies
If you are nearby, if you have ever been a pizza delivery person, maybe deliver a pizza to the wrong house that may or may not be the one being foreclosed on so atleast you can see inside a small portion. we used to just go knock on the door some folks would actually let you look around.
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6 January 2025 | 2 replies
The house has a lot of deferred maintenance.
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5 January 2025 | 1 reply
We all know 'housing affordability' is one of the hottest political topics as of late but I'm not seeing any commitments to increase inventory.
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31 December 2024 | 4 replies
As it stands now, the sweet spot in that area in the market for rent seems to be a little larger 2/2 house with large living area for guests.
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9 January 2025 | 0 replies
You’re simply using some of the money you’ve already saved for your purchase to show the seller you’re committed and serious about buying their house.
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9 January 2025 | 46 replies
The guy who claims he is the country's biggest wholesaler and has a "community" says in his video from yesterday Dec 31 (search #251 Wholesale Hotline | LIVE Real Estate Investing Q&A if interested in his "technique" start at 0:39:00 that the most recent transaction he did Was bailing out a guy in foreclosureGuru "bought" the house for $375,000 from the guy in foreclosureSold it back to them for $498,000 with a 6 month buy back option periodSeller had to give him $20,000 for the optionSo, guru will make about $148,000 on the transaction "Never been to the house, never had to lift a finger""No renovation, the guy is still in the house"Is this the kind of thing the new Oregon law is intended to address?
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16 January 2025 | 10 replies
Get a small MF you can house hack and start that way.I'm not an expert on the auction scene, but, from what I have read, that is a challenging first step into investing.
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4 January 2025 | 2 replies
Specifically, I’d love to hear about best practices for managing shared spaces, screening tenants, and setting up house rules.Additionally, I plan to split the utilities among the tenants—any advice on how to handle this efficiently would be greatly appreciated!