., not a huge monthly cashflowing asset currently.

I'd highly recommend house hacking in your local market since you're in one of the highest cost of living areas in the US, especially if you're renting currently and planning on staying in the area for 5-10 years.It sounds sexy to go out and invest out of state for your first property.

Quote from @Andrew Self: Quote from @Erik Estrada: Hi Andrew, What is your current score?

You will need to justify the sale price of those assets to the new owner at their then current value on your books.It is a big hassle to do this, but it can make you a lot of money if you do it right and are careful in your record keeping.

Mortgage rates at 7% 2. 25% down3. 10% of current rents budgeted for capex, monthly repairs and maintenance and property management fees. 

The analysis also reports that new multifamily development will “remain near the average recorded over the past five years”.Integra Realty Resources’ 2017 Commercial Real Estate Trends Report ranks Pittsburgh #2 on its Top Markets by Multifamily Transaction Volume Based on YoY Change.Pittsburgh’s rental vacancy rate has declined by 25% over the last five years.Pittsburgh is booming with developments (see reference #6), “there is no better place to be a developer right now than in Pittsburgh.

According to the Justice Department, RealPage’s algorithm allows landlords to align rents with their competitors by analyzing sensitive data, from renewal rates to occupancy trends.

So the ground floor is a store(currently vacant), then have two apartments above.

But if you’re set on going out of state, I’d recommend checking out Detroit.I’ve been investing there since 2019 and currently hold 12 doors.

Hi everyone my is Carlos i am currently in Costa Mesa.