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13 February 2025 | 35 replies
And what strategy are you looking to utilize of investing?
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17 January 2025 | 6 replies
Utilities are OFTEN overlooked so reach out to power, telecom, gas (or go all electric), water, and sewer to make sure you understand what it would take to get separately metered services from the primary house.
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6 February 2025 | 58 replies
Tenant pays all utils except water.
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1 February 2025 | 17 replies
For example, most anywhere will get $700 room, $75 fixed rate utilities, $700 deposit, and then offer a 36 months, 12 month, or month to month lease ($350 fee if ending lease <90 days).
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22 January 2025 | 9 replies
I don’t really have an interest in House hacking if long-term rates are $700 a month incl utilities for a bedroom.
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29 January 2025 | 10 replies
There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.
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27 January 2025 | 21 replies
I got into RE investing utilizing the same strategy as you're exploring.
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22 January 2025 | 8 replies
Hello Biggerpockets Community, This is my first post as I am trying to utilize BiggerPockets more.
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7 February 2025 | 31 replies
I am not sure about the other markets but I would suggest looking up a Realtor from here and utilizing their knowledge to help you.
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22 January 2025 | 7 replies
The canceling tenant remains responsible for rent, utilities, and other charges until a replacement takes over.