
12 July 2024 | 2 replies
Is that enough spread to be comfortable?

12 July 2024 | 5 replies
Assess if you have enough time for tasks like tenant screening and maintenance.Expertise: Professional managers know landlord-tenant laws and property maintenance best practices.Cost vs. benefit: Weigh management fees against potential savings and efficiencies professionals might offer.Property location: Distance from your home to the property matters.Number of units: More properties increase management complexity.Stress tolerance: Consider your comfort level with tenant interactions and problem-solving.Long-term goals: Professional management can free you to focus on expanding your real estate portfolio.

12 July 2024 | 42 replies
I've not invested in CA, and I'd enter that market extremely cautionsly based on various rent control issues, eviction issues, and the political environment seems to be very unforgiving for landlords.

12 July 2024 | 23 replies
I feel like renting out multifamily is what I may be looking for with this, if done right can give me cash flow, I can hire a property manager at some point and I am friends with a lot of home improvement companies, and I could either use some money I have saved up to put a down payment or home equity loan for some % I am comfortable with and pay both off as fast as I can and repeat.

12 July 2024 | 4 replies
I would recommend only using a short or mid-term rental house hack for a 2-4 unit property or a house with a detached ADU for your security and the comfort of the guests, which will make it more profitable.

11 July 2024 | 8 replies
I did a similar thing, instead of a GC, I was an engineer already in the land development environment and put together my own group to purchase land, entitle, develop, etc.

11 July 2024 | 7 replies
Some people are not comfortable with older product.

13 July 2024 | 51 replies
.- I've been on the sidelines with this weird high interest rate and volatile environment for about two years now.

12 July 2024 | 7 replies
This would make lenders more comfortable lending to you, but it may be a harder sell for the family member versus just a promissory note.3.

10 July 2024 | 6 replies
I love that you rented two of your bedrooms as mid term and short term rentals and made enough to pay for the mortgage and now you are going to use the rental income to show you can qualify for another property.This is an excellent strategy and one more people should consider doing in this inflationary environment to offset the biggest cost in their budget--housing.As you rightly point out, you can use this strategy with every house you buy accumulating a portfolio of houses that you originally started out living in as a primary residence every two years.Well done and more people should consider doing the same, or rent their garage, or shed, or a boat, or an extra car.Love it!