Rent by the room gives you the opportunity to get more renters to cover the mortgage, making it easier to stabilize the asset.

Besides buying turn-key properties with all cash (from the likes of REI etc), are there any other passive RE investment opportunities that will fit this criteria ?  

If it’s worked out well so far being a landlord and you see opportunities to raise rents then holding on to the property might make sense.

Recognizing the opportunity, I reached out to the seller directly and negotiated a favorable price.

Right now, I’m particularly interested in the rental market for potential investment opportunities, as I’ve noticed some promising trends in the South Eastern Region.Looking forward to connecting with everyone and exploring opportunities to collaborate!

My income is $130k but will grow with new business opportunities in the coming years.

I was interested in this deal because it offered the opportunity to convert a single structure into a duplex, maximizing rental income and property value.

This change improves privacy and minimizes unauthorized access, but it's essential to consider local building codes and regulations, as many jurisdictions require safe egress routes for basement units in case of emergencies.

The opportunity to transform underutilized land into a thriving residential area while contributing to the community’s growth made this an exciting and meaningful investment.

The upper level has three long-term tenants (5+ years) with opportunities for upgrades and rent increases.