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5 February 2025 | 29 replies
The more time you spend talking about other options and try to build up the negatives, the less time you are spending on what you fell are the positives of your own idea.If you believe that you are onto a great idea using L2P option contracts and forming partnerships where someone else provides 100% of the money while you provide 100% of the real estate-related functions, then start it up and make it work.
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9 January 2025 | 32 replies
BTW, the rental property is cash flow positive.
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2 January 2025 | 4 replies
Hi Jeffrey,It sounds like you're in a great position with your rental portfolio and cash savings, and I admire your commitment to keeping your investments!
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25 January 2025 | 17 replies
If you decide to join, take their claims with a pinch of salt and conduct your own due diligence.My experience has not been positive so far, but I am hoping for improvements in the future.
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31 December 2024 | 6 replies
We are feeling very positive about the outlook for 2025.
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8 January 2025 | 11 replies
I was in a similar position a few years ago, but fortunately got married and our combined incomes helped us qualify for a larger house hack.We're on our second one in NOVA, Alexandria to be exact, and instead of rent by the room, we are renting out our walkout basement on Airbnb to monthly guests.That said, we have a number of friends doing well with rent by the room across NOVA, though they're purchasing homes with 5+ rooms or finding homes that can be renovated to include that setup.I'd recommend attending meetups such as the one I cohost, NOVA REI or Cashflow Breakfast Club or any of the others to meet those who are house hacking.
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12 January 2025 | 23 replies
This is going to keep your bid honest, rather than lazier and keep your cash position stronger. 4) The only time you spend in this, is finding & closing on the quality assets and playing devil's advocates for repair/rehab/fixing costs.
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8 January 2025 | 10 replies
My other positive is the money that is generated from taking out the loan can be used now vs. locked away until you are 59 1/2 years.
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3 January 2025 | 26 replies
You're probably too late to do it for school (where your teammates could be roommates), but you'll be in a good position to do so with your teammates in minor league ball.
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28 December 2024 | 24 replies
Would there be a certain area that may impact the business positively or negatively?