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7 December 2024 | 4 replies
For me personally, I consider it a B neighborhood because it's walking distance to so many amenities, and I felt mostly safe raising my family there, but not everyone is comfortable living in a developing area.Last year (2024), we moved out of the home and converted it into a rental.
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9 December 2024 | 9 replies
If you don't want to spend time or risk losing money, LTR and multi-family is rather safe.
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12 December 2024 | 12 replies
Can I actually dodge CA $800 per LLC filing fee since they like to state that even if your property is out of state because you are making decisions from CA you are doing business in CA so if that is their definition of doing business in CA I am safe?
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7 December 2024 | 14 replies
Then to be safe, I like to add 10% to it as a buffer when/if cost overruns occur.
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4 December 2024 | 3 replies
I want to provide a safe, structured living environment for individuals transitioning out of recovery or other challenging situations.I’m new to this process and was hoping for advice on the following:How to navigate zoning laws and permits in Montgomery for this type of setup.Licensing requirements for sober living or group homes.Strategies for finding residents or partnering with local organizations.Financial and operational tips for managing this type of property.I’ve heard zoning can be tricky and want to ensure I comply with all legal and safety requirements.
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6 December 2024 | 4 replies
You can find different strategies on how to find and reach these folks, such as driving for dollars, targeting mailing lists, networking with Realtors and other wholesalers, and having an online presence, plus paid social media ads, etc.
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13 December 2024 | 13 replies
This higher rental demand drives up rental rates.
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5 December 2024 | 5 replies
This guy claimed to have hundreds of homes which was a complete lie and then drives idiots around the Philadelphia hood in a party bus for thousands of dollars.
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6 December 2024 | 9 replies
Keep personal and business finances separate to create less headache.File all receipts in a dedicated Google Drive folder.
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5 December 2024 | 6 replies
There’s nothing wrong with playing it safe, starting small, mastering your strategy, and then scaling up—especially when using other people’s money.That said, as others have mentioned, house hacking is a fantastic strategy.