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28 March 2024 | 10 replies
Are their prices clearly advertised on their website or is the model "it depends" which is always a red flag.
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27 March 2024 | 3 replies
Thanks for your time :) -Ben, aspiring multifamily house hacker
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27 March 2024 | 2 replies
Lets dive into the details of February 2024 where data merges with aspirations and positivity shines bright.Single Family Homes; Riding the Waves of OpportunityIn February 2024 Browards market for single family homes showed resilience as it navigated through opportunities with unwavering determination.Despite a decrease of 0.2% in sales compared to the previous year lets stay hopeful as Browards real estate environment demonstrates strength and perseverance.Cash transactions, the lifeblood of deals remained consistent at 28.3% indicating a community that values stability and financial strength.However here comes the exciting part; the median selling price surged to $625,000 showcasing a 11.6% increase from February 2023.
26 March 2024 | 8 replies
It's added together, however it doesn't matter anyway, because there is no tax and no reporting on your LLC, except for the ownership report known as PIR - Public Information ReportÂ
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26 March 2024 | 39 replies
-Ben, aspiring multifamily house hackerÂ
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27 March 2024 | 21 replies
When we get awkward 2-3 week gaps and have to switch to an STR model, it's a PITA because we're cleaning ourselves.
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27 March 2024 | 0 replies
I know how to build models, I know the lending process, and I'm an excel junkie.
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27 March 2024 | 6 replies
It's a scalable model if you have a solid team built out to help you manage scheduling and checking out.Â
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27 March 2024 | 3 replies
A smart first step in your career aspirations as a real estate agent could be obtaining a license.
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27 March 2024 | 8 replies
One model I’m seeing investors doing is the rent by the room strategy / padsplit.IF done right, you can turn a single family home to function like a multiplex - increasing the cash flow by double, even triple oftentimes.Has to be the right property of course / layout / characteristics to minimize drama and conflict between roommates / tenants since it’s a longer stay than STR and spaces are shared but with the right set up and systems in place in can be extremely effective and super profitable.You can easily switch from STR to MTR since it’s already furnished and just make a few tweaks.I can definitely help you put some ideas together or connect you with some investors I know doing it in Jacksonville FL.Â