
9 August 2024 | 18 replies
If you have a low interest rate on your primary mortgage, that's cheap money and low cost of capital.

6 August 2024 | 5 replies
I am pursuing a few larger companies myself as I am building 3 different ADU projects this year, but I haven't really gotten started enough with any of them in order to give positive/negative feedback.Do you have financing already setup for your project?

8 August 2024 | 4 replies
Lower costs to generate more profit or continue to acquire properties.

9 August 2024 | 7 replies
Reason is the lower loan amounts violate the "hard costs rule" which just means the banks/lenders cannot make its normal margins.
9 August 2024 | 7 replies
Any fees they're charging you need to stop until there's a new tenant and if you have an account with the management company, ask for a credit.After remediation is underway and insurance claims have started, you can see about an attorney and do a cost/benefit on whether it's worth it to go after the contractor.

8 August 2024 | 19 replies
If your tenant prolongs their stay one month, you've probably cost yourself more than what the attorney would have charged.

11 August 2024 | 49 replies
When I pencil in the numbers, I see 20% returns over the first 7 years, despite the -2500/mo in cash flow.Assumes 4% appreciation, 2.5% rent growth, 2% tax and insurance growth, 5% down, 20k in closing costs/initial repairs, 15k/year expense, 850k house with 5k in rental income, 1000/mo in insurance, taxes and pmi, 7% interest. 6% appreciation would see 30% returns.Build a calculator and run the numbers your self--house hacking gives superior returns to most other buy and hold strategies despite the fact that you have negative cash flow.

5 August 2024 | 27 replies
The high PM costs can absolutely be justified.
8 August 2024 | 3 replies
It's a question of cost vs. benefit.If you have any suggestions, you can send them to @Rene Hosman as the forum manager.

6 August 2024 | 3 replies
I will connect with you and we can share contact info and set up a call if you are interested.