
14 July 2024 | 11 replies
By renting out one unit, I covered a significant portion of my mortgage, reducing my monthly housing expenses and easing financial pressure.2.

14 July 2024 | 7 replies
Some people see it as a way to get into a multifamily house at a lower downpayment and interest rate, while still providing themselves a place to live.I think the only way it would be "wrong" is if it puts you in a situation you can't afford or makes you "house poor".My husband and I rent out 4 of the bedrooms in our house plus a bonus room, meaning we have 6 roommates, but our entire mortgage is covered.

14 July 2024 | 11 replies
Obviously make sure that potential rents cover the majority, if not all, of the mortgage payment and other expenses.

13 July 2024 | 13 replies
So maybe cover that In your agreement as well.

13 July 2024 | 0 replies
LMHA is relocating residents from Dosker Manor due to mold, rodents, and crime.Dosker Manor will be torn down, and residents will be moved to other accommodations.LMHA surveyed residents; they need help with medical care, groceries, and financial management.Relocations will start in August, with around 600 residents moving over 18 months.The first 100 residents will move to LMHA-owned properties; the rest will go to low-income housing.LMHA is covering moving costs and offering reimbursements up to $1,300 for self-movers.

14 July 2024 | 12 replies
This rule means that the rent from the units had to cover the ENTIRE mortgage payment with FHA.

14 July 2024 | 7 replies
I wanted to be sure I was covering all my bases with a CAPEX analysis.
14 July 2024 | 6 replies
When I ask for reasons I get cost of living, quality of live, moderate climate, fresh water access, no natural disasters and moving back to where they were from.From what I can see the trend to the Midwest is steadily increasing, but by no means as big as moving south.Your comment "This is an old statistic" Maybe I'm mistaken but they haven't published 2023 - 2024 since 2024 isn't over yet, But, if you have something that covers the country for all of 2024, I'd love to see it.

14 July 2024 | 5 replies
"You can void your insurance by renting out rooms, especially on a short-term basis,"____________________________________________________________________________This doesn't even cover the type of violations you'd get slapped with (if reported of course) and what it would take to get them clear.

15 July 2024 | 26 replies
To broadly cover your other points about being individually named as a defendant as well as going after the LLC's assets I believe its helpful to understand the true objectives of the plaintiff's attorneys pursuing claims against these investors.