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6 December 2024 | 51 replies
Just as I bought our first SFR in 2016 and grew that business to 167 units as of today.
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30 November 2024 | 16 replies
House hacking is when you buy any 1-4 unit property as your primary and rent out the other units or rooms to help cover your mortgage.
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29 November 2024 | 7 replies
The last thing you want is a brand that will take 2 weeks to get repaired if needed.We have Maytag units in our lake house and they have been rock steady for 7 years.
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5 December 2024 | 48 replies
I suggest finding a local AirBnB investor who can guide you on the prices in your area and help you decide what kind of units are suitable for short term rentals.
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28 November 2024 | 22 replies
Add 100 chargers to a 300 unit property and I bet there's no way the transformers and electrical infrastructure at the property can handle that.
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30 November 2024 | 11 replies
(If curious, my residential real estate investor clients from 10 years ago [you can find my 10 year old bigger pockets dot com posts :], at the time buying up 2-4 unit properties, a lot of them are now done with the 'human' tenants and want to 1031 into something that is ACTUALLY passive, so yes Starbucks comes up, thus I watch it).In my case I zoomed all the way into a specific brand (which then allows me to make very sweeping generalizations across an entire state -- but still not the entire country), I'm not suggesting you do that, but SOME of the variables need to be narrowed down, before you can gain any useful insights.
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27 November 2024 | 1 reply
For example in many jurisdictions I can STR units in a duplex but cannot STR an ADU (some jurisdictions will let you STR if you owner occupy).
27 November 2024 | 7 replies
This means buying a property with at least 2 units and living in one of the units and renting out the others.
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29 November 2024 | 3 replies
As a non EU citizen, I will need a permit to purchase certain types of properties, except for residential (unit in an apartment).
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4 December 2024 | 31 replies
If you've got a higher price rental deal (multiple units), with a LOT of equity in it (I like 50% and above for deals I'm gonna sweat over), and after refinancing my return on the equity position in the property is going to be 20% or above I'll consider it.