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25 December 2024 | 4 replies
It sounds like there’s a bigger story here.
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26 December 2024 | 9 replies
This is a similar story for house hacking a single home and renting by the room.
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21 December 2024 | 1 reply
Purchase price: $232,000 Cash invested: $200,000 Sale price: $575,000 I purchased this single-family property and undertook extensive renovations, including excavating a new foundation and reframing the entire two-story house.
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31 December 2024 | 18 replies
We have increased our monthly rent to price ratio from your ~0.75% to 1.1% but the leverage ate up all the extra cash flow (even if the total return is likely higher).You could be a cash buyer and go from your one property to 20 and cash flow 20000/mo but you are still having to buy and manage 20 properties.You can do better on the total cash flow in other markets or rougher neighborhoods, but the story is similar: you are getting an extra ~25-35% in income for 20x the hassle.
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2 January 2025 | 50 replies
We have all heard horror stories of it happening and in these horror stories it is not the host’s fault.
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2 January 2025 | 13 replies
Also im pretty sure he promotes section 8 rentals and gives you a story with rose colored glasses.
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25 December 2024 | 22 replies
I heard so many horror stories from hosts but I have never had an issue, knock on wood.
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28 December 2024 | 12 replies
Search the forums here for these kinds of stories from landlords.
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27 December 2024 | 20 replies
I'm glad that my story is inspiring to you and others.
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22 December 2024 | 1 reply
Relationships really are the lifeblood of real estate, and your story reminded me why I’m so determined to build those connections.