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15 February 2025 | 1 reply
So, that specific area isn’t in a high-growth stage.
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16 February 2025 | 6 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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8 February 2025 | 10 replies
I charge a scaled pet fee based on the size of the dog with a premium for high risk dogs.
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13 February 2025 | 1 reply
List your property on corporate rental sites like Blueground, Zeus Living, and Furnished Finder to attract high-income tenants.
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19 February 2025 | 2 replies
By offering real value in a way that has high demand, I’ve been able to build strong relationships with people who are actively doing deals.
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19 February 2025 | 25 replies
Too bad you need to eat the high conversion rate now.
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21 February 2025 | 6 replies
However, I had to subordinate the sellers note to 2nd position (hint: set up that language in advance to streamline the process, if that's the direction you're going to go).Since the ARV was high enough, and the potential income would support the mortgage and expenses, it all worked out.
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1 February 2025 | 11 replies
Property Selection & Setup: Are there certain property types, layouts, or amenities that perform best for STRs?
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26 February 2025 | 5 replies
Cash flow seems high for the area but it does have 11BRs total in a quad.
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8 February 2025 | 3 replies
I know a lot of investors have done very well in Peirce County but I just haven't learned or know enough about that market to make an investment there.Washington state properties are expensive and can be difficult to make breakeven let alone cash flow at this moment due to the combination of high prices and interest rates.