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26 November 2024 | 15 replies
The first thing I'd recommend is focus on a market where you either 1) currently or have previously lived, 2) have family/friends that live there, or 3) vacation there frequently.
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24 November 2024 | 1 reply
If family lives in the main home and friends stay for free in the garage, the property remains a primary residence, but there’s no rental income or tax benefits.
25 November 2024 | 2 replies
Could be longer too if it is close to where I live, so I can visit it every weekend.
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26 November 2024 | 3 replies
I would tell folks at the time with 30k brand new homes that Lehigh was probably one of the cheapest places in US if not the world to live everything considered US medical and fire and police etc etc and no state income tax.So here we are today de ja vu all over again with hundreds of investors stuck with half built houses and a the vast majority of all these were spec for rental purposes not to live in..
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24 November 2024 | 27 replies
You'll usually have to pay something for PM if you don't live in the area, but still way cheaper.
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26 November 2024 | 46 replies
Do you plan to live off the land in a tent?
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26 November 2024 | 15 replies
You want to appeal to the most people and many buyers will want to live in the home, so having tenants will limit who it appeals to.
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27 November 2024 | 7 replies
We did the BRRR method and house hacked. we lived in one unit and rented out the other.
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26 November 2024 | 2 replies
Acquiring nicer assets not only provides a better living environment for tenants but also contributes to long-term appreciation and value.
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25 November 2024 | 6 replies
I live upstate but work in NYC.