20 January 2022 | 6 replies
.- $26,856 -Annual Mortgage Payment (only P & I) - $28,210 Annual Expenses (Property Tax, Insurance, HOA, PMI, and Utilities) - $17,922 Annual Total Cost (Mortgage+Expenses) - $46,132 Revenue (at $900 per bedroom and 4 roomates) - $40,694Total Cost Per Month for Me to Live Here - $5,438 -Loan Principle Paydown - $10,378Total Return (Cash Flow + Amortization) - $4940 Total ROI (Cash Flow + Amortization) - 18.39% If I decide to only have 3 roomates (possibly taking the master suite on the third floor and the ground floor) then I'd end with only $30,521 in annual revenue (however it would ensure no parking issues since all people living have a space).

21 January 2022 | 5 replies
I want to start in single family residential rental space, the strategies I intend to implement are house hacking and the brrrr method for a good amount of deals.

21 January 2022 | 10 replies
Just enter the space with the expectation that you'll need a well defined plan, clearly laid out budgets, and that some money will need to be used.

10 January 2022 | 1 reply
I'm inclined to remove the kitchen and bedroom,and just make two large office/retail spaces?

10 January 2022 | 3 replies
The job would be easier than a home inspection because they aren't testing all the outlets and appliances, walking the roof, crawling the attic, etc.

11 January 2022 | 3 replies
I'm so glad that I found this space a few years ago and now I'm just starting to get serious about my REI journey.

10 January 2022 | 3 replies
(3) An ADU can become a space for visiting children & grandchildren.
12 January 2022 | 1 reply
I’m looking to understand the space before choosing a path.

22 March 2022 | 33 replies
They have a full bar and dinner menu with plenty of space to network.