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16 January 2025 | 3 replies
This is how I see it:Single-Family Homes:Pros:Larger pool of potential tenants (families).Simpler management (one tenant, one lease).Often easier to finance.May appreciate faster in some markets.Cons:Only one income stream.Vacancy hits harder financially.Duplexes:Pros:Two potential income streams.Live in one unit and rent the other (house hacking!)
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14 January 2025 | 1 reply
If you need current income, I'd recommend another fix/flip.
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21 January 2025 | 2 replies
For all methods you would want to find a market that has strong employment rates, strong income rates for the market, and is a growing or an established market.
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27 January 2025 | 6 replies
I love talking with investors, sharing values, discussing their wants and needs, helping them fully understand what they’re investing in and helping them achieve their passive income goals is very rewarding.
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25 January 2025 | 5 replies
Locally my observation is that the need is more for low income young and working vs college student.
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3 February 2025 | 7 replies
My concern with declining values, increased inventory and a weaker economy would lower rental income and could potentially put me into a negative cash flow situation.
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5 February 2025 | 17 replies
Held in my property entity that I purposely keep a low balance and doesn’t show a lot of income.
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29 January 2025 | 6 replies
This is all depending on your credit and income meeting the guidelines of course.
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16 January 2025 | 78 replies
This requires an income that allows you to maintain your standard of living throughout your life.
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12 February 2025 | 27 replies
The secondary goal is to increase rental income down the road.