
29 November 2024 | 1 reply
Purchase price: $72,000 Cash invested: $95,000 Sale price: $140,000 househack double What made you interested in investing in this type of deal?

28 November 2024 | 4 replies
@Isadore NelsonAre you responsible for any transfer taxes upon sale?

3 December 2024 | 14 replies
My goal is to scale up over the next few years and add another 10-20 doors.I ran across someone that is saying they are building quadplexes in the same town in Texas as my current rentals there, so I have some support system there.High level this is the idea on the deal:4 units constructed as 2 duplexes on one parcel.1250sqf 3/2/1 units$650k sale price, CME is $820k according to builder, will have a independent CME done if/as I move forward.Rent per unit is $1750 based on the other quad in the developmentBest guess at this point is about $16k/year cash flow at a 9.5% cap rate.Builder is a sister company of a established company in a related industry that has done "some" builds before but not a lot.

27 November 2024 | 26 replies
@Roger D Jones if the power goes out and all the food in her fridge spoils.

4 December 2024 | 31 replies
I worked in sales before going full time in my rental property business- making 5k plus $120/mo could have been done in a regular job with less work than doing a BRRR SFR.Your family and your well being are too important to put on the back burner!

30 November 2024 | 2 replies
I hope you made it convenient for yourself.Your loan documents should (or better) contain a due-on-sale clause.

28 November 2024 | 10 replies
The due-on-sale clause technically allows the lender to call the loan due if you transfer to an LLC, but enforcement varies.

29 November 2024 | 7 replies
I found a great sale on insignia appliances at best Buy.. or should I stick with the name brand appliances (GE, Whirlpool etc)?

28 November 2024 | 3 replies
With all of the short sales popping up on the MLS I know I will be successful in finding and helping someone.

26 November 2024 | 2 replies
With multifamily house hacking, you live in one unit and rent out the remaining units to tenants.Why Multifamily House Hacking WorksHere’s why house hacking with a multifamily property is such a powerful strategy:Rental Income Pays Your MortgageWhen you rent out multiple units, the rental income from your tenants can cover a significant portion—if not all—of your mortgage payment.