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11 July 2024 | 6 replies
any ideas how to split utilities in a JADU?
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17 July 2024 | 20 replies
Payroll was significantly higher, entertainment costs, food, utilities...everything was pretty much under budgeted.
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15 July 2024 | 10 replies
including utilities.
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14 July 2024 | 4 replies
Hey Everyone,I just graduated college with no debt so I want to buy my first property and House Hack with college students, I found a property currently selling for $175,000 dollars, but I think It can be negotiated to a lower purchase price since it is a little outdated and the other houses in that same street have sold for less money, although it is outdated it could be rented for $550 dollars a month + utilities and since it is a 4 bed, 2 baths; renting out the other 3 bedrooms while I live in one of them would help me break even with the house's monthly expenses.
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14 July 2024 | 9 replies
House hacking is essentially the cheat code to get started into real estate investing.Generally done by utilizing FHA loans and 2-4 unit properties.Basically, buy a primary residence, live in it or one of the units for 12 months, move out buy again and do it all over again.Each time you can utilize fha as long as you refi the former before you use it again.Great way to buy a lot of properties with low entry cost!
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15 July 2024 | 23 replies
Sounds like you're aiming to make some type of algorithm or software that tries to eliminate the need of competent real estate people utilizing their experience in markets they are very familiar with..........Didn't Zillow lose about $500 Million flipping houses using this exact type of model?
15 July 2024 | 17 replies
I could've lent the money out or invested in notes, but I'm more interested right now in asset accumulation.I ended up simply rolling my SDIRA into my current 401k and taking a loan against that, thereby being able to utilize almost 100% of those funds (not quite at $100k in the 401k, but close) and purchase a duplex with a conventional 30 year loan.If I had $150k or more in my SDIRA I would have looked at other options, but with only $50k I found the path I chose to make the most sense.
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14 July 2024 | 13 replies
I’d like to build a team and have a property management company involved that way I can utilize my time and efforts on other things besides maintenance.
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14 July 2024 | 13 replies
-Taxes-Home insurance-Mortgage Insurance -Maintenance/Repairs-Capex-Vacancy-Property Management (many include this even if you don't plan on initially offloading to PM)-Utilities Let's say all in expenses are $2,000 per month for easy math purposes.
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15 July 2024 | 50 replies
We want people to have confidence in the materials they want to utilize.