Jonathan Vinas
Can STRs Work w/ Restrictions In North Nj / NY Self Managed Lake House or Cabins?
24 December 2024 | 25 replies
The owner can designate a host who shall be responsible, and authorized, to act on the owner's behalf to promptly remedy any violation of these standards or the permit.
Jeff Skinner
New Investor Ohio
1 January 2025 | 14 replies
@Jeff SkinnerRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
@Martti Eckert here's the big issue that no one really talks about that you hopefully find helpful (this is copy & pasted):-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Nicolas Tow
Re Zoning Property from RS-3 to RT3.5 or RT 4
27 December 2024 | 8 replies
(eg, if your lot is not the standard 25 x 125, but some other multiple where the width is actually skinnier than 25, and the lenghth is longer than 125, and you want to reduce side setback requirements, eg.)
Don Konipol
Can Real Estate be Purchased Below REAL Market Value?
16 December 2024 | 7 replies
Within 6 months of putting the property on the market, we sold the now warehouse facility for $1,075,000.Let us know your thoughts about purchasing below TRUE market value, and strategies you’ve used to build real estate equity/wealth.
Vivian Huang
Investing in Tulum, Mexico
12 December 2024 | 49 replies
In general, most Mexicans are great, honest and decent people, in spite of their lower standard of living.
Peter W.
Housing Hacking with Second Home Mortgages
20 December 2024 | 5 replies
The other question I have is if anyone has tried this on repeat, like with standard house hacking (live in for a year and repeat).
Catherine Javier
Keep, refinance or sell?
18 December 2024 | 15 replies
It's about having an income that will enable you to maintain your current standard of living for life.
Jonathan Cubeta
Tenant screening
27 December 2024 | 12 replies
I guess my problem with being too up front about seeing their place is that I don't feel like I'm in a position of power right now to decline people since it's hard enough to find people that I want to even get to that point in the application process in the first place, but I have to snap out of that mindset and have to instead come from a place where I make them believe that I have a lot of other applicants and that it's my standard policy and it's something they'll have to go through if they want my place.....ESPECIALLY if I decide to only take 1st & security from them rather than 1st/last/security.Thanks again!