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11 April 2024 | 6 replies
Yet, the initial investment might be heftier, and the management could be more complex given you're dealing with more tenants under one roof.On the other hand, single-family homes might spread out your risk and potentially cater to longer-term tenants, promising less frequent turnovers.
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11 April 2024 | 10 replies
Am I better suited getting into a multi-family or a single family home and look at potentially adding value somehow?
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11 April 2024 | 6 replies
Everything looks correct here for me except for potentially one thing.
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11 April 2024 | 4 replies
HOA now will be allowing max 3 rentals per year, which they say avoids the potential "grandfathering" issue.
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11 April 2024 | 8 replies
EXAMPLE: These are fictional numbers, as I don't know your market.Shared Residence: $600 EACH room = $3000 GROSS POTENTIALSingle Family: $2300 GROSS POTENTIAL RENTDuPlex: $1500 PER UNIT = $3000 GROSS POTENTIAL
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11 April 2024 | 1 reply
I want to purchase a condo with the loan 100% in my name, with the intention of completely remodeling the unit for potential rental opportunity.
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11 April 2024 | 3 replies
I have posted before about the desire to own land and potentially have a spot where I could decompress and relax in the offseason.
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11 April 2024 | 2 replies
D) which of these two strategies would have the better resale potential?
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11 April 2024 | 13 replies
@Patrick Fraire if I could overlay that with properties for sale that would be awesome, unfortunately its super time consuming to flip back and forth between the Riverside map and a map of properties for sale (and many of the potentially interesting ones are right near the borders).
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11 April 2024 | 2 replies
You can potentially own the property with no out of pocket costs (rent covers expenses and then some) PLUS you get the added benefits of equity, appreciation, and continuous income from the rent/cash flow.