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12 February 2025 | 15 replies
I figured DC would be a great area to invest in because it attracts tons of young professionals.
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13 February 2025 | 9 replies
I am in the Tampa Florida area and I would be happy to help you out!
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11 February 2025 | 11 replies
If you were to sell the rental, what would be your budget and buying criteria to house hack?
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13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
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21 February 2025 | 5 replies
I would suggest you provide the utilities and internet.
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20 February 2025 | 7 replies
I would also verify from a licensed realtor how much rent would be and how much selling it would be..
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14 February 2025 | 3 replies
Any recommendations would be greatly appreciated.
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19 February 2025 | 3 replies
Trying to “take over” a vacant property that appears abandoned is not for the untrained would-be investor.
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8 January 2025 | 6 replies
You could do a full MTR during the period you're gone, but for me the best and easiest way to go would be to just rent the other rooms in the house as a LTR.
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13 February 2025 | 2 replies
-My fiancée and I are planning on having our first kid by the beginning of 2026, so extra room would be ideal as we are somewhat limited in the primary residence.