Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
When they eventually move out, I plan to do a full renovation to bring the unit up to high-quality standards and maximize its rental potential.I’m happy to connect if you ever want to chat.
Nate LaBlance
Relocating out of state; how do I show a property & get keys to tenants?
26 December 2024 | 4 replies
I believe this is fairly standard across the board.
Matthew Steele
Lost lease, tenant issue
4 January 2025 | 11 replies
So act quickly, do as the others are saying and screen him according to your standard criteria. credit, references, eviction history, etc.
Ryan McKay
The Next Deal...
29 December 2024 | 24 replies
I do relatively well in my day job by today's standards but my hourly rate for self managing is closer to that of a surgeon.
Natasha Rooney
Multifamily Properties in Indianapolis
15 January 2025 | 12 replies
-------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Nathan Gesner
Have you ever used your umbrella insurance policy?
15 January 2025 | 10 replies
I believe the standard vehicle liability is $300,000 while the average settlement is less than $60,000.
Jared Leggett
A bit of a Dilemma
18 December 2024 | 29 replies
If you are limited to those areas for residency, and you choose to keep that job, you are going to have to either a) wait for a couple years and save up a heftier down-payment, b) change your strategy like you said and go for houses further away (do flips, STR or BRRR).Or, if you are sold on the house-hack concept, at some point you might have to look at a different job that allows you to move where house-hacking will work....
Tom Hall
is it a good idea to pay of my mortgage fast?
6 January 2025 | 28 replies
any advice on paying mortgage off or faster With a standard mortgage, your monthly payment will remain the same for the life of the loan.
Ramsey Doumani
Investing in a condo vs townhouse as a traveler
12 January 2025 | 8 replies
The term Tiny Home is the actual company selling these really nice smaller less expensive versions of standard built homes.
Michael Bertsch
Fireplace
21 December 2024 | 14 replies
Can anyone on there provide any figures for converting a standard fireplace to gas?