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29 January 2025 | 8 replies
For example, at the start, do you confirm if all persons in the house are aware of your presence, and do you ask if it is OK for you to open bedroom, bathroom and closet doors?
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19 February 2025 | 13 replies
While I've never invested personally in Detroit, my usual word of caution to investors in these "lower cost" markets is that while cashflow is great on a % basis, make sure to look at the actual quantity of cashflow.
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10 February 2025 | 10 replies
i think this is a decision only you can make. im in a similar boat (house hacking my primary) and considering renting the whole thing out to get a solo home for myself. certainly a lot of appeal in that, given how much work goes into the house hack. but whether or not the numbers on cash flow align is up to you. personally i dont think $150 (seems like about 12%?)
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4 February 2025 | 18 replies
Don't talk yourself into a place because of personal use.Buying a $475k condo that brings in 35k in gross rental income will lose a lot of money.
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3 February 2025 | 1 reply
If you have, you have put yourself at great personal risk.Again, I recommend you get a lawyer as soon as possible.
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3 February 2025 | 8 replies
@Erica King Sounds like this is more of a personal budgeting concern rather than a real estate one.
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5 February 2025 | 5 replies
Not sure if they have upgraded to desktop appraisals but if they are still doing in person appraisals , make sure you get everything (scope of work, good faith deposit, social, LLC docs, insurance, proof of prior experience, financial statements) in ASAP.
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14 February 2025 | 12 replies
Personally, I would pay off the higher rate first.
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2 February 2025 | 17 replies
Personally, if I were to sell the stock, I would buy more property, not pay off the existing one.
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6 February 2025 | 42 replies
i would never tell a random person on the internet where they should live.