Charles Burgess
Upside & Downside of Buying All 1Bedroom Apartments
25 November 2024 | 2 replies
.), are there any particular upsides or downsides of purchasing all single bedroom units vs. a more traditional mix of units for a property that size?
Garrett Matthew Hester
Cash out refi to turn current home into rental and use cash out towards new home
9 December 2024 | 4 replies
The biggest factor to consider is the new interest rate since it’ll likely be higher than your current 3.2%.
Angela Hudson
I have money but need a partner in Austin, TX
2 December 2024 | 13 replies
Quote from @V.G Jason: I'd partner with a lawyer that can help put some contractual language on the downside of working with contractors and real estate agents.I'd also partner with a RE brokerage firm that clearly understands your goals.
Dallas Hoover
First property looking to house hack
10 December 2024 | 4 replies
Depending on the lender and program your biggest hurdles might be credit score and income and time in job.
Kyle Luman
Cash flow vs equity discussion in recent Podcast
13 December 2024 | 13 replies
The downside to this is that you risk a higher valuation for property tax.
Jonathan Abrado
Pace Morby Gator Method Course Review
25 January 2025 | 155 replies
And you have the biggest mastermind of all in BP..
Bridger L Logan
Any success with rent by the room?
15 December 2024 | 59 replies
Rent out to roommates so I employ the "rent by the room" essentially.Pros:insane cash flowif your room offer is much better value than other places to live, tenants will stay awhilea small community can be built when your tenants become friends with eachothernever ending supply of tenants (at least in my area)Cons:CAN BE management intensiveWILL BE management intensive until you gain experience and know how to manageIf you employ this strategy, the BIGGEST risk/liability mitigator is being VERY clear from the start about your expectations and that you will evict if new tenant doesn't follow your rules.With my setup - I furnish the rooms and have all utilities covered.
Rajagopalarao Paidi
How to avoid or minimize Agent costs
10 December 2024 | 17 replies
The agent will have access to the biggest platform to get the property sold though, the MLS, so forgoing even a cut rate agent will create more of a loss than the agent fees themselves.
Keetaek Hong
Quickbooks .. or NOT for STR
9 December 2024 | 7 replies
@Jake Baker - That point is probably my biggest consideration.
Marc Shin
What is the minimum size washing machine for an STR?
29 November 2024 | 11 replies
If your cleaners do the laundry at the property, get the biggest one you can.Our cleaners do this at one property.