
2 January 2025 | 25 replies
People will try and use it and comment on it.

28 December 2024 | 8 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
27 December 2024 | 3 replies
We came to an arrangement where any sale price over $1 million, minus construction costs, would result in a profit-sharing opportunity.I’m currently trying to determine the After Repair Value (ARV) for the property but am having difficulty finding reliable comparables.

4 January 2025 | 20 replies
When I told her that we already had her try again and I would prefer if she just paid me back for the handyman services I had to incur after the first round, she stopped communicating with me.

27 December 2024 | 6 replies
@Nathan Deutsch Welcome TO BiggerPockets If you are not comfy with privacy issues while house hackingyou can try a FHA loan or start with a partnership to buy a STR etc

30 December 2024 | 4 replies
Mid-term is more likely to work in any market than STR, but I think you would be surprised at how well an STR could do if there are no other options like that in the area (think people's parents or friends coming in for the week(end)).I've seen a lot of people grimacing at the net-negative house hack (it's just a product of rates and low inventory in a lot of markets) and this is one option to try to recoup some of that loss.

28 December 2024 | 16 replies
Any time you "are trying to be nice" or "give them a break", not only do you undermine the legal foundations of your lease, you embolden the unethical tenants to move the boundary further in their favor.

26 December 2024 | 2 replies
Thanks Ashley, there’s a lot of information on this site and trying to absorb it all.

29 December 2024 | 13 replies
Starting out, I would try to take equity from your primary/another property using a HELOC, borrower against a 401k/retirement account, or partner with someone that has cash.

27 December 2024 | 13 replies
The example does actually reflect my situation but I tried to keep it as simple as possible.