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5 February 2025 | 3 replies
Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.
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2 February 2025 | 14 replies
People are not choosing the cheapest housing available.
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3 February 2025 | 4 replies
I think he's in the process right now so I'm not sure how it's turned out, but last time I spoke with him it seemed that it was going well.I always tell people looking to do co-living that there is a certain amount of risk that you have to be willing to take on.
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3 February 2025 | 8 replies
One thing to note when getting conventional mortgages and spouses.There is a 10 limit per person for conventional financing.You can either do 10 conventional in each person's name which would be 20 mortgages for 2 people or if you do the mortgages jointly, will only allow 10 in total.My thoughts are not to own joint assets until you are both married.
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5 February 2025 | 5 replies
People weren't renting properties as quickly, and there was an increase in vacancy.
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2 February 2025 | 20 replies
I shows my what dates people are searching for this year and last year.
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8 January 2025 | 10 replies
I believe if you change jobs or leave that job, you have to pay that loan back or else it counts as a distribution.
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29 January 2025 | 19 replies
This is not my area of expertise, so wise people on this website will likely tell me not to venture into this!
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30 January 2025 | 19 replies
The most successful people that I have heard on podcasts and met in real estate know that it is all about getting a single here and there and then going to get a homerun while doing those singles.
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4 February 2025 | 3 replies
You should have an open conversation with as many people as you can find.