Julie Muse
Sierra Drive Success: Profitable Flip in Coulterville with Seth Choate!
19 July 2024 | 0 replies
Purchase price: $185,000 Cash invested: $33,900 Sale price: $280,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a deal on Sierra Drive, Coulterville, CA 95311.
Julie Muse
Spruce Street Success: Profitable Flip in Modesto with Seth Choate!
19 July 2024 | 0 replies
Purchase price: $200,450 Cash invested: $16,000 Sale price: $319,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a deal on Spruce Street, Modesto, CA.
Quentin RCollins
Old Realtor New Investor
18 July 2024 | 4 replies
Looking to strengthen my network and collaborate with like minded investors and entrepreneurs.
Julie Muse
Cypress Place Success: Profitable Flip in Los Banos with Seth Choate!
18 July 2024 | 0 replies
Purchase price: $290,000 Cash invested: $20,000 Sale price: $390,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a deal on Cypress Place, Los Banos, CA.
Julie Muse
Greendale Lane Success: Profitable Flip in Jonesboro with Jamari Sprueli!
18 July 2024 | 0 replies
Purchase price: $165,000 Cash invested: $35,000 Sale price: $245,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Jamari Sprueli, successfully completed a deal on Greendale Lane, Jonesboro, GA.
Adrienne Mathis
Hi from a Bigger Pockets Newbie
18 July 2024 | 6 replies
New to the community and looking forward to learning and hopefully collaborating with other members.
Anthony Jacques
How to Start Investing when already using VA loan
20 July 2024 | 11 replies
Prioritize paying off existing debt to improve your debt-to-income ratio for better loan terms.
Sam Trulli
Duplex vs Single family House Hack
20 July 2024 | 32 replies
This can help offset your mortgage and other expenses.Single-Family Home: If you choose a single-family home, you may have the option to rent out rooms or a separate unit if there's space, but the income potential might be lower compared to a duplex.Affordability:Duplex: Financing a duplex might be more challenging, but the rental income can assist with affordability.Single-Family Home: Single-family homes might be more accessible for first-time buyers, but you won't have rental income to offset expenses unless you choose to rent out a portion of the property.Property Management:Duplex: Managing a duplex involves dealing with multiple tenants and units, which can be more time-consuming than managing a single-family home.Single-Family Home: Managing a single-family home is typically simpler since there's only one tenant.Privacy:Duplex: Living in a duplex means you'll share a building with tenants, which could impact your privacy.Single-Family Home: Offers more privacy as you won't be sharing the property with renters.Market Conditions:Duplex: In some markets, duplexes may offer better appreciation potential and cash flow due to the rental income.Single-Family Home: Depending on the location, single-family homes may have better long-term appreciation potential.Long-Term Plans:Duplex: If your goal is to accumulate rental properties, starting with a duplex can be a good way to get into real estate investing.Single-Family Home: If you prioritize a more traditional living arrangement and don't want to manage rental units, a single-family home might be a better fit.
Anthony DelVecchio
House hack, then what next?
19 July 2024 | 11 replies
If you're not planning to live in the property long-term, I'd suggest prioritizing the property's standalone investment potential during evaluation, regardless of its role in a house-hack scenario.
Julie Muse
Wellsley Street Win: Quick Profits in Roanoke with Bob Taylor!
17 July 2024 | 0 replies
Purchase price: $30,000 Sale price: $63,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Bob Taylor, successfully completed a deal on Wellsley St NW, Roanoke, VA.