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23 January 2025 | 7 replies
We actually had 13 insurance claims from that one storm.
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3 February 2025 | 8 replies
House-hacking with a multi-family property is a fantastic way to get started—it’s one of the best strategies for learning the ropes of property management while generating income right from the start.
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24 January 2025 | 3 replies
Unfortunately, I don't have one in my mind.
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27 January 2025 | 7 replies
Also I have not worked out the financing yet. if I just use my cash then the Cash on Cash drops to 8 or 9% and that would be below my Cash on Cash target.Generally speaking and of course just numbers I picked out of the air for reference when running numbers in my head, I am looking for Cash on Cash greater than 15%, high probability of long term occupancy, and no expected major Capex for 2.5 years after purchase and purchase time repairs which I would add into the cash on cash evaluation before pulling the trigger.So there are some more details to be worked out in my head but being it is my first one and only learning what I could from youtube videos I thought I would get some feedback.With all that said, in my head it seems like it could be a good start.Thanks again Jaycee and Gavin for your feedback.
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3 February 2025 | 4 replies
Number one advice: Never trust a broker's pro forma.
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27 January 2025 | 15 replies
One housing authority wouldn’t even entertain the request, while another was open to it because it was an affordable housing property, requiring just an application for the exemption.From my experience, dealing with government agencies, especially when trying to save money or get financial benefits, can be a slow process.
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12 February 2025 | 17 replies
A property with only one full bathroom will be more valuable with a downstairs powder room or basement half bathroom.
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1 February 2025 | 1 reply
It's a single mom with one cute toddler that works her butt off to raise her kid, hold a full-time job, and go to school at night.
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28 January 2025 | 8 replies
Did you end up finding one?
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14 February 2025 | 24 replies
I have investor clients with 40-50 loans that they have completed with me and not a one is reporting as a mortgage on their credit.