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29 December 2024 | 23 replies
The rooms are unfurnished and the tenants are very low-maintenance (hardly know they are there). 2+Unit Buildings here and nearby currently sell for $1.5M on average.I bought the property 16 years ago, so my mortgage rate is very low (2.2%) Even though the property is cashflow positive, my bigger play is the average 5% yearly appreciation.I'm looking for others who are interested in house-hacking in this neighborhood.
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23 December 2024 | 4 replies
If you’re looking to build long term wealth, accumulate assets, take advantage of tax code, and benefit from appreciation, then play the appreciation long game.
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24 December 2024 | 7 replies
There is not a lot of data for MTR comps so I look on FF to see how many MTRs are in my area and what the rate is, and I play around with AirBnb to see what a monthly stay would cost.
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16 December 2024 | 7 replies
To me it’s a challenging game, an intricate puzzle where if you learn how to play you get great results.
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24 December 2024 | 3 replies
These are big money plays life changing profits but RISK you bet..
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26 December 2024 | 7 replies
Cities don't play fair when they decide to go after you.One thing I would also suggest you do is look on AirBnB for the specific building you want to buy in.
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24 December 2024 | 14 replies
I also understand accounting and legality may play a role.
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31 December 2024 | 13 replies
That’s where details come into play.
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9 January 2025 | 44 replies
I guess an appreciation play would be the only thing that makes sense over here.
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19 December 2024 | 13 replies
That's not everyone - some legitimate players may just be short on cash because of projects (I've been there) - but it is a lot of people.