
18 January 2025 | 18 replies
Or paying off my debt, while I provide them with a nice house to live in instead of an apartment.

21 January 2025 | 1 reply
I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?

20 January 2025 | 7 replies
I have a tenant who lives in my very nice three bedroom unit whose lease provides a pet authorization for “one dog, one cat and one rabbit.”

26 January 2025 | 11 replies
I have not lived in the property two years and feel that any profit I may make on a sale would get chewed up by closing costs and capital gains.

21 January 2025 | 1 reply
I am currently in the market to purchase a tri-plex with the plan to live in one unit, make upgrades, and rent the other two out.

19 January 2025 | 1 reply
I would pull a FHA loan for $665,000 and live in one side and rent the other side out to a family member for $2,000 a month.

20 January 2025 | 1 reply
I purchased my first home through NACA to actually live in and I'm curious on how to build my RE portfolio from here.

21 January 2025 | 12 replies
I think I'll start out where I live and probably branch out outnof state once I build my knowledge and experience.

23 January 2025 | 6 replies
Just thank your deity that you don’t live in a rent controlled city/state.

19 January 2025 | 7 replies
Live in one half, rent out the other.