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6 February 2025 | 4 replies
Having said that, prices and rents are higher in the Bay Area in CA than many in the lower-priced states, so it might justify the investment a bit more..
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7 February 2025 | 7 replies
Strategies like living in a duplex or triplex, adding an ADU, or renting by the room can help maximize cash flow while leveraging FHA or VA loans for lower upfront costs.
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13 January 2025 | 12 replies
You want to be close to RTP (our economic hub) and the airport (located right by RTP).
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14 February 2025 | 17 replies
I house hacked then rented it out after a year.
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18 February 2025 | 13 replies
I can make the numbers on a good property turn bad for a year or more due to the loss of rents, if they can't be recovered.
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30 January 2025 | 24 replies
My MIL just did something similar- moved in to a retirement home and rented out her primary residence.
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9 January 2025 | 4 replies
If you pay $300,000 for a property and it rents for $3,000, that is 1%.
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15 January 2025 | 5 replies
I googled it and found this:If you rent it to tenants, you would treat it as a rental and report it on a Form Schedule E.
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22 January 2025 | 3 replies
But after a flip, you will probably sit on the market for a while depending on the location approximate nearest city.
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3 February 2025 | 7 replies
I would just hate to be an owner occ and the next thing I know my neighbors house now has 3 to 5 rooms rented with all the cars and traffic etc..