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20 January 2025 | 12 replies
Hi @Giovanni Magana, welcome to the community!
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26 January 2025 | 2 replies
- Controlling costs for payroll processing, unemployment charges, workman's comp and liability insurance- Coordinating ServiceTech & tenant schedules for appointments--- There are several industry vendors that focus on just this!
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1 February 2025 | 14 replies
I've been active in the community for many many years.
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12 February 2025 | 14 replies
A hybrid approach could work best: start with a cash-flowing Texas rental while saving for a Long Island house hack later.
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26 January 2025 | 15 replies
Focusing on homes that area ideally under 1500 sq ft.
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26 January 2025 | 5 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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25 January 2025 | 5 replies
He is also in the service, is an investor and also an investor focused agent in your area.
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28 January 2025 | 7 replies
If you’re okay with that for now, maybe focus on properties that have good appreciation potential or ones you can fix up to add value.
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25 January 2025 | 2 replies
We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).
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24 January 2025 | 6 replies
Begin by educating yourself through books like The House Hacking Strategy and podcasts like BiggerPockets, and join online communities for support.