Sam Trulli
Duplex vs Single family House Hack
20 July 2024 | 32 replies
This can help offset your mortgage and other expenses.Single-Family Home: If you choose a single-family home, you may have the option to rent out rooms or a separate unit if there's space, but the income potential might be lower compared to a duplex.Affordability:Duplex: Financing a duplex might be more challenging, but the rental income can assist with affordability.Single-Family Home: Single-family homes might be more accessible for first-time buyers, but you won't have rental income to offset expenses unless you choose to rent out a portion of the property.Property Management:Duplex: Managing a duplex involves dealing with multiple tenants and units, which can be more time-consuming than managing a single-family home.Single-Family Home: Managing a single-family home is typically simpler since there's only one tenant.Privacy:Duplex: Living in a duplex means you'll share a building with tenants, which could impact your privacy.Single-Family Home: Offers more privacy as you won't be sharing the property with renters.Market Conditions:Duplex: In some markets, duplexes may offer better appreciation potential and cash flow due to the rental income.Single-Family Home: Depending on the location, single-family homes may have better long-term appreciation potential.Long-Term Plans:Duplex: If your goal is to accumulate rental properties, starting with a duplex can be a good way to get into real estate investing.Single-Family Home: If you prioritize a more traditional living arrangement and don't want to manage rental units, a single-family home might be a better fit.
Steve Cho
Ideas on separating a rental unit bedrooms
17 July 2024 | 8 replies
However, for two people being roommates, some privacy would be better I think...What would be the best way to somehow install doors or some kind of separation?
Jeffrey Reyes
Free Tips and Advice to my fellow Airbnb Hosts
16 July 2024 | 0 replies
Here are some simple tips to help you communicate better with your guests:Respond Promptly: Try to reply to messages and inquiries quickly, ideally within an hour, to show you’re attentive.Provide Clear Info: Make sure your listing is detailed with information about your home, rules, and check-in process to set clear expectations.Personal Touch: Use the guest’s name and reference their questions to make them feel welcomed and valued.House Manual: Create a simple guide with Wi-Fi details, local tips, and house rules to answer common questions.Check-In and Check-Out: Send reminders with instructions a day or two before their stay and before check-out to keep things smooth.Respect Privacy: Let guests know you’re available if they need anything but respect their privacy preferences.Handle Issues Well: Address any concerns promptly and professionally to ensure a positive experience.Follow Up: Check in after their arrival to make sure everything is okay and thank them after their stay, asking for feedback.If you have any questions about managing your Airbnb, feel free to reach out for tips or advice!
Pawaroon Chandanaraja
Guidance on starting out with 20k in New Jersey
16 July 2024 | 15 replies
Privacy is an issue too so that is something you need to consider
Shannon Baker
What to deduct from rent for basically no kitchen in attatched 1 br mil setup
14 July 2024 | 3 replies
Anyhow, my question is that I'm am curious what a fair reduction in rent would be for lack of kitchen the home is on a one acre lot so is better than an apartment complex but the lack of kitchen is a huge discomfort and almost outweighs the property set up especially due to the lack of privacy and the entrance and noise right outside my bedroom door.
James Coleman
House Hacking question
14 July 2024 | 13 replies
I don't personally want to do a room by room house hack because I have a girlfriend and a dog so privacy is important.
Bryson Rajendran
How to Find Commercials Deals Besides Relying on Brokers
13 July 2024 | 24 replies
New Servicer's Privacy Practices: The new servicer should also provide the borrower with their own privacy notice outlining how they collect, use, and share borrower information.
Irene Low
First-time house hacking... Is there a bad way to house hack?
14 July 2024 | 7 replies
People would probably prefer a duplex because of privacy, and a newer duplex because of lifestyle/lower maintenance.
David Ingram
Hard time getting my property rented
15 July 2024 | 26 replies
The yard space could lend to "like an apartment but with room and convenience of privacy".