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23 January 2025 | 11 replies
There was an STR boom when many people bought homes here thinking they could have passive income, but that is not the case here as much as it is in places like Asheville (which is still seasonal, but not as much).
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30 December 2024 | 16 replies
Did a 125k upgrade to unit, but now need to make income.
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8 February 2025 | 42 replies
@Kaleb JohnsonRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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30 January 2025 | 6 replies
You can look into low-income neighborhoods usually the properties are of lower value, but I'm not quite sure if that applies everywhere but I know in Florida I see it here and there, and if you need help looking I don't mind helping.i would be wary about REO/HUD owned properties as a first time househack.
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25 January 2025 | 14 replies
It also offers a chance to shift into something more passive, reducing the hands-on management that seems to be more of a hassle now that you’ve moved.That said, the rental income potential from your properties is worth noting, but there’s a limit to how much you can boost your cash flow, especially after already making significant upgrades.
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24 January 2025 | 3 replies
The problem is mainly a concern for people with a net worth or reasonable income.
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14 January 2025 | 329 replies
Where I live there are many benefits to the voucher program in addition to guaranteed payments.
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4 February 2025 | 38 replies
I think the OP is talking about property tax not income tax ??
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28 January 2025 | 7 replies
I am not opposed to making this my primary method of income either.
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30 January 2025 | 47 replies
His whole selling point is teaching people how to generate enough passive income to quit their jobs.