
20 July 2024 | 32 replies
This can help offset your mortgage and other expenses.Single-Family Home: If you choose a single-family home, you may have the option to rent out rooms or a separate unit if there's space, but the income potential might be lower compared to a duplex.Affordability:Duplex: Financing a duplex might be more challenging, but the rental income can assist with affordability.Single-Family Home: Single-family homes might be more accessible for first-time buyers, but you won't have rental income to offset expenses unless you choose to rent out a portion of the property.Property Management:Duplex: Managing a duplex involves dealing with multiple tenants and units, which can be more time-consuming than managing a single-family home.Single-Family Home: Managing a single-family home is typically simpler since there's only one tenant.Privacy:Duplex: Living in a duplex means you'll share a building with tenants, which could impact your privacy.Single-Family Home: Offers more privacy as you won't be sharing the property with renters.Market Conditions:Duplex: In some markets, duplexes may offer better appreciation potential and cash flow due to the rental income.Single-Family Home: Depending on the location, single-family homes may have better long-term appreciation potential.Long-Term Plans:Duplex: If your goal is to accumulate rental properties, starting with a duplex can be a good way to get into real estate investing.Single-Family Home: If you prioritize a more traditional living arrangement and don't want to manage rental units, a single-family home might be a better fit.

19 July 2024 | 6 replies
We log in weekly to pay any bills and then invoice the tenant.Most other utilities (cable, internet, etc) we don't get involved with since they are not requirements under our lease agreement.Good luck!

19 July 2024 | 5 replies
A final point - foreclosing is generally a legal process involving attorneys.

22 July 2024 | 120 replies
No need to get the Govt involved in the housing market IMO.... a) they do not have the necessary competence, and b) they F up everything they touch, and c) they get a little power and they will never give it back.....

18 July 2024 | 9 replies
I’m trying to get into single family home real estate and I have been trying to get a feel for the type of cash flow involved.

16 July 2024 | 33 replies
Each stock will have high variance, but when combined into a portfolio, the variance will be reduced because the correlation between each stock is < 1.0.

19 July 2024 | 7 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

19 July 2024 | 14 replies
Gemini AI can help:Key features of an Ohio Land Contract:Installment Payments: The buyer agrees to purchase the property through regular payments over time, rather than a full upfront payment.Seller Holds Title: The seller retains legal ownership of the property until the full purchase price is paid.Agreement Length: The contract typically extends beyond one year.Property in Ohio: The land in question must be located in the state of Ohio.Improved Property (usually): Land contracts in Ohio normally involve property with a dwelling on it (a house).Here are some additional points to consider:Recorded Contract: A valid land contract must be recorded with the appropriate county recorder's office.Contract Content: The contract should include specific details like the names of the parties, property description, purchase price, payment terms, and down payment amount.

20 July 2024 | 24 replies
A hosting business involves marketing (LTR only markets when there is a vacancy), cleaning/turnover, check-in/check-out procedures, and a concierge communication.The analogy to Walmart is absurd.

20 July 2024 | 28 replies
Transitioning to a post-scarcity economy may involve shifts towards collaborative consumption, resource sharing, and sustainable practices.In short, while post-scarcity is an intriguing concept, its realization is likely to be gradual and contingent upon a complex interplay of technological, economic, and social factors."