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11 December 2024 | 6 replies
More specifically can you get utilities to the site?
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10 December 2024 | 6 replies
The only way to answer that in general (whether house hacking in today's market is still a good option) or for a particular property, is to learn how to run the numbers and analyze a specific property to see whether it will be able to stand on its own as an investment when you move out someday.There are a lot of resources here on BP for doing that but I'd just say, make sure the assumptions you're putting into your spreadsheet or deal analyzer are realistic.Make sure the rents (especially for vacant units or pro-forma #s) are realistic by doing your own rent comps; make sure the mortgage rate is realistic by doing some research online and/or talking to some mortgage folks; make sure insurance #s are realistic by getting a couple of quotes for the # of units and zip code / area you're looking in; etc.I hope that helps, and good luck đ
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11 December 2024 | 1 reply
Checking out their track records in specific locations is key.
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16 December 2024 | 8 replies
I didn't realize this post had a revival, thank you all for the specific feedback!
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18 December 2024 | 29 replies
Let me know if you'd like help narrowing down specific neighborhood.DM me or text me if you wanna chat!
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10 December 2024 | 2 replies
@Mindy Rosscup, you want a contract that is specific to the laws of your state.
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13 December 2024 | 5 replies
It may not add much but as it happensâŠMy new build home in Las Vegas (DR Horton build) specifically says I do not have any subsurface rights.
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8 December 2024 | 4 replies
Use customized leases with state-specific templates and consult a lawyer for complex issues.
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14 December 2024 | 36 replies
Hi Mike,I don't know the specific answer to your question, but the dirt cheap bare minimum 'online' brokerage that I've seen a lot of people use, after spinning their wheels and doing a bunch of research, is these guys.To align expectations: you get what you pay for, which in your case may end up being 100% perfectly fine.
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9 December 2024 | 2 replies
You don't need to include the specific details on where the security deposit is held in the lease.