
11 August 2024 | 4 replies
Do you have recommendations for low cost options to post a 10 day notice on the property?

12 August 2024 | 2 replies
I don't think it costs anything to list on zillow.

12 August 2024 | 20 replies
In my case I live in the DC metro area and the cost of rent anywhere I would want to live would be 1500-2000 a month (obviously split with a roommate) I would rather continue to grow my business and hopefully save up enough for a down payment then move out and spend a ton of money just because it’s quote on quote time

12 August 2024 | 9 replies
It's a great idea to do in college with limited cost and downside.

8 August 2024 | 1 reply
The Annual Allowable Rent Increase effective August 1, 2024 - July 31, 2025 is based on the lesser of 4% or the change in the Consumer Price Index (CPI) for the Los Angeles-Long Beach-Anaheim metropolitan area.

13 August 2024 | 4 replies
You can include your tenants in this by explaining your market rent findings, rising costs, and giving the tenants an option to suggest a fair rent increase.

12 August 2024 | 5 replies
Not necessarily land, as it is very costly to build there as all materials except for some concrete products have to be shipped in.

12 August 2024 | 8 replies
But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less) *new siding 30k (just put on a new roof this year) *legal 10-15k *fire proofing 15k * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home *big grocery store put in 3min away * newly paved road in front of my house *a building that was falling down across the street has been torn down * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.

11 August 2024 | 8 replies
The selling partner gets 10% more in reduced selling costs and the buying partner saves selling costs on their portion.

12 August 2024 | 4 replies
I know with a house hack it would cost less upfront to start but will guarantee a negative cashflow the first year.