
11 August 2024 | 0 replies
to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.

10 August 2024 | 3 replies
The other needs less rehab with houses selling for around 100k or renting for $600-$800.

11 August 2024 | 1 reply
I know of a realtor or two who will informally watch over a client's house and at least one house-cleaner who would clean between stays, but that's about all I have.

7 August 2024 | 1 reply
As I'm developing my marketing strategy for house hacking, I want to emphasize and understand who my potential roommates are and what their potential needs are.I envision the tenant to be a young professional or student looking for housing, but I would like to gather more insights:Amenities and Needs:What sort of amenities and features do young professionals and students typically look for in a rental property?
12 August 2024 | 22 replies
I only invest in larger commercial developments focusing on clean energy projects (mostly in CA right now) and affordable housing in NV, OH and looking in FL, TX, CT, ID, and AZ right now.

11 August 2024 | 7 replies
Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?

12 August 2024 | 9 replies
A W2 job will likely make it easier for you to obtain financing for your future house hacks.

13 August 2024 | 17 replies
Yes, most of our DSCR products do NOT have pre-payment penalties (as long as you are not refinancing AND had the house on the market in the last 6 months) and with 20% down would be the in mid's 7's assuming good credit/DSCR over 1.00 etc.

14 August 2024 | 134 replies
Values at least in our market were quite sticky and on top of that our competition when rates sky rocketed de engineered their houses to get their prices down.

11 August 2024 | 0 replies
Purchase price: $55,000 Cash invested: $100,000 Sale price: $820,000 Fix & Flip in prime marine park in Brooklyn, one family 3bd duplex just off the park. got this deal as REO, since houses in this area are selling as is, we did just minor renovation.