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25 February 2025 | 11 replies
I am also a husband and father of two living in the St.
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20 February 2025 | 1 reply
The problem is, tenants who live in rent controlled units rarely want to leave.
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23 February 2025 | 5 replies
Quote from @Dereck Olson: Hi Nicholas, Just a thought from the possible tenant's perspective, but filling out a prequalification form and/or providing personal information before they have even seen a place and know if they will be interested in living in the property might be a bit too much to ask.
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18 February 2025 | 4 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
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13 February 2025 | 7 replies
(But not for a “I’m going to live in it 50 weeks out of the year and rent it out two weeks”, IMHO, if that was your idea.
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18 February 2025 | 8 replies
It's clear they are not willing to even talk about it and we would have to make a big issue of it - threaten to pull out of the lease or bring in lawyers, and that doesn't seem to make a lot of sense because it will just make our lives hell and cause our business to suffer.
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18 February 2025 | 1 reply
She's from CT, but lives in CR for most of the year, so I assume she'll know some local folks.
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14 February 2025 | 6 replies
If you're just starting out, house hacking a duplex or SFH with an ADU can be a great way to reduce living expenses while building equity.
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10 February 2025 | 6 replies
Given your mobility for duty posts you can really ramp up your real estate portfolio while serving.Every time they got stationed somewhere they would purchase a property to live in using their VA and house hack.
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22 January 2025 | 16 replies
In hot markets, some wholesalers and investors use 80-85% of ARV (minus repairs) instead of the typical 70% to stay competitive.A few tips:1.