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3 February 2025 | 6 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
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20 January 2025 | 1 reply
Negative cashflow adds risk.
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16 February 2025 | 44 replies
Although, my company would be LISTED in the foreclosure, there would be no negative impact on me other than possible rumors about me being in dire straits.#3.
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12 February 2025 | 7 replies
Just remember: most negative reviews are written by problematic tenants.
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9 February 2025 | 5 replies
Consider reaching out to a local Rental Owners Association to connect with experienced hosts, gain valuable insights, and access resources that can help you navigate property management more effectively.
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22 February 2025 | 5 replies
I'd love to get more conversation going about the new MA ADU law going into effect Feb. 2nd.
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20 February 2025 | 7 replies
This allows you to build a single family up front and a duplex in the back of the property, effectively creating a triplex with out all the extra building codes.
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10 February 2025 | 12 replies
They did what they said but it was pricey and the leads/conversions I got end up being negative ROI so I quit.
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5 February 2025 | 5 replies
My goal is to make this property available to insurance companies, disaster recovery specialists, and individuals displaced by fire, flood, or other catastrophic events.I am seeking guidance on the most effective approach to market this property, specifically:Recommended Insurance and Disaster Recovery ContactsAre there specialized companies that manage temporary housing for insurance claims?