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18 January 2025 | 18 replies
There are no problems being a landlord , just buy a property take the first renter that applies and rake in the cash .
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17 January 2025 | 23 replies
@Joe Villeneuve around 300K of equity in the houseSell the house, take the equity, spend it or use it on your next house where you are moving to.
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17 January 2025 | 7 replies
I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.
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21 January 2025 | 11 replies
Funny, my state looks at all of the states taking property rights away from owners and then passes laws that do the exact opposite- it's a great marketing strategy.
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20 January 2025 | 23 replies
Loan to value ratio: The higher the loan to value ratio (LTV) is, pricing takes a hit.
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15 January 2025 | 7 replies
You take out those utilities from the S8 voucher rent and the resulting NET rent is often BELOW market rents.Ask more questions to protect yourself from being taken advantage of.
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6 February 2025 | 58 replies
Hi Fulati, I would suggest taking a look at Columbus Ohio!
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16 January 2025 | 3 replies
By making yourself an asset, you’ll increase the chances of someone taking you under their wing.Use BiggerPockets to connect locally.
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23 January 2025 | 5 replies
You wouldn't need to keep an eye on other investments, just focus on the one and maximize your cashflow.If I can make a suggestion though...I might be wrong, but I don't think you started househacking to take the simple route.
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16 January 2025 | 6 replies
Take the proceeds and invest in a highly trusted Syndication or fund and enjoy the passive income.