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24 December 2024 | 8 replies
Then you can see how they are getting their income on a conversation.
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18 December 2024 | 5 replies
The other option I potentially see is to partner with someone that has cash and/or better debt/income ratios and partner on the next purchase.
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18 December 2024 | 15 replies
It's about having an income that will enable you to maintain your current standard of living for life.
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20 December 2024 | 7 replies
House hacking lets you live in one unit and rent out the others, which can help cover your mortgage and generate some extra income.
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26 December 2024 | 21 replies
It’s entirely possible to operate with integrity, provide real value, and still earn a strong income.
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18 December 2024 | 23 replies
Owe 80k on my house and just got out of school with an expected income of 70k (no debt other than my mortgage).
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19 December 2024 | 10 replies
.: Hi, I have four sfr properties that I rent out for my personal income as well as a business investment.
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19 December 2024 | 10 replies
Then use the extra roommate rent income to pay down your mortgage and look to refi to a lower payment in the future (3-5 years) - so it cashflow when you move out.You could also choose the smaller unit and STR the other unit to generate more cash to pay down your mortgage and refi, so it cashflows when you move out.Bottom line: you'll have to get creative to solve your cashflow challenge!
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19 December 2024 | 8 replies
Fixed income...would container village actually be a cheaper proposition vs lets say a senior living 3-4 story apartment building for the same number of units?
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21 December 2024 | 7 replies
Assuming you have another stream of income when you move there and I hope you do, I would recommend using the smallest amount of capital possible and invest in the most doors (1-4 units) that you can.