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6 February 2025 | 2 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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13 January 2025 | 25 replies
High risk areas. 3.
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5 February 2025 | 9 replies
Even though buffeted by high interest rates and spiking insurance premiums, overall prices are still rising.
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4 February 2025 | 3 replies
I have to check on codes/laws/regulation, but I know CA is on a high of making thinks convenient to build those at the moment.
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1 February 2025 | 5 replies
If you’re below $275K, focus on high-impact upgrades like improving curb appeal (landscaping, fresh paint), refreshing the kitchen and bathrooms (new hardware, lighting), or adding energy-efficient features (smart thermostats, LED lighting).
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24 January 2025 | 0 replies
The country is the economic powerhouse of Europe, with a highly diversified economy driven by strong industrial, automotive, and technological sectors.
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1 February 2025 | 9 replies
They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.
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29 January 2025 | 8 replies
You have an STR listed on the Airbnb platform.Why not look at the design of highly sucessful STR'S in your area and copy some of the best ideas?
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2 February 2025 | 9 replies
@Duarte MarquesPossibly but highly not recommendedFor those with no real estate experience or experience in taking on debt, it’s not easyTo do it also with little to no down payment or reserves in most occasions will end in disasterReminds me of when in high school a friend used to let his dog drive his car.
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3 February 2025 | 5 replies
Prices are higher, but rents are very high as well.