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15 September 2024 | 19 replies
If you are ok living with roommates another option is house hacking where you buy a property as a primary and rent out the rest of the property then move out after 12 months to acquire your next one.
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15 September 2024 | 15 replies
Attractiveness to Renters: Renters often prioritize convenience, and having that extra half bath can make the property more appealing, especially for families or roommates.
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12 September 2024 | 6 replies
.)- Ask the neighbors (unfortunately a lot of these houses are in run down areas and the neighbors are transient renters who don't know anything)Pay Sources:- Peoplefinder.com (not too expensive, shows a lot of addresses, married/maiden names, relatives, roommates, etc.
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14 September 2024 | 32 replies
But also working with them if there is a job loss or a roommate moves out.
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11 September 2024 | 17 replies
Buy a house that might need some work, and get some roommates to offset the cost.
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12 September 2024 | 28 replies
I'm def getting more interest with the lower rent offer, but even though it's clearly a 1/1, I had people asking about it today that were 3 roommates.
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10 September 2024 | 12 replies
Do you have extended stay and roommate (or additional tenant) provisions in the lease?
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9 September 2024 | 7 replies
That's what I did for my first house hack since I had roommates.
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12 September 2024 | 32 replies
If you don't want to have roommates it's getting tough, for most of my investors who are looking for heavier cash flows I've been recommending doing furnished rentals (short or mid term), looking at higher cash flow commercial deals like NNN or other cash flow focused syndications/funds, or investing in a debt position if cash flow is the biggest goal.
7 September 2024 | 5 replies
You could have a good tenant, but one roommate may not like them for personal reasons and want them out.