Local input and city planning suggest this access has been in use since the highway was built, potentially supporting a claim for a prescriptive easement.While this access previously held little value, recent developments have increased its significance.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $252,000

Cash invested: $25,000

Brick house, 4 bedroom, 2.5 Bath

How did you find this deal and how did y...

I am planning on house hacking another multifamily putting only 3-5% down in a year.

Their current lease extends to  April 2025, which at that point we were planning on selling.Why sell in the first place?

-interior floor plan not ideal for raising a family but looks ok for STR.

It's a loophole, and it will eventually close, everywhere.Any property I buy going forward that I plan to hold long term I will only buy in areas that are already extremely strictly regulated for STRs. 

Many months of rates moving at most a few basis points a week morphed into dramatic, massive movements—with bigger changes sometimes happening in one day than had occurred in quarters or years prior.Real estate investors navigating the challenging market of 2024—with mortgage rates still at elevated levels—are at an advantage when they can lock in financing terms or plan purchases while DSCR loan rates are favorable.

The quick turnaround required precise coordination and efficient execution, highlighting the importance of strategic planning.

Third rental has some equity and I'm planning to sell this fall, but not enough.

I've done a couple of deals in GA where I've done some BRRRR homes now they are my rentals, I sold a house I remodeled in Augusta that I had tenants in for 2 years, and I've done some wholesale deals as well.I'm currently under contract on a house in Simpsonville that I plan to flip.