
27 December 2024 | 66 replies
That is crazy high occupancy but they cannot afford even the high occupancy options (in this case a 3BR unit).

20 December 2024 | 7 replies
@Brock Bernall As a rookie House hacking is the best for getting started has the lowest risk and best profit for a low down payment option.

20 December 2024 | 8 replies
And this leaves you with some interesting options because you can allocate your proceeds any way you want.

20 December 2024 | 6 replies
Always evaluate your options based on ROI and the impact on tenants to find the best path forward.Good luck!

18 December 2024 | 5 replies
The other option I potentially see is to partner with someone that has cash and/or better debt/income ratios and partner on the next purchase.

20 December 2024 | 3 replies
I had a tenant that wanted to renew a lease, but only for 6 months - which would have left us in the middle of January (in Michigan :) Apparently they may inherit a somewhat run down house, and wanted to keep their options open.

19 December 2024 | 4 replies
Plenty of options if you have equity/assets and an exit strategy.

22 December 2024 | 7 replies
I have another one were I optioned 120 acres that just got brought into long term planning for chips act. paid 5 million for it and spend 10k a month negative..

20 December 2024 | 1 reply
Here are the details of the property:Property Overview:Location: Texas2 lots, 2 warehouse buildingsFinancials:Mortgage: $4,897/month (balance: $530,000)Insurance: $830/monthProperty Tax: $1,800/monthBuilding 1:1 tenantRent: $7,570/month12,000 square feetBuilding 2:3 tenantsTenant 1: $2,850/month (5,000 square feet)Tenant 2: $1,793/month (2,500 square feet)Tenant 3: $895/month (1,250 square feet)The property was appraised for $2,200,000 three years ago.Given the current rental income and expenses, the cash flow is decent, but my family friend is looking to explore options that could potentially yield better returns.Would it make sense to:Sell the property outright and invest in higher cash-flow opportunities?

20 December 2024 | 3 replies
Remove the kitchen all together and convert it back into two duplexes or is there another option?