
6 August 2024 | 9 replies
@Andrew JaquezI think what you're missing is... there will be lots of other expenses, and there is a 0% chance you will cash flow that much.It sounds like you've been going there in person to look at properties - is that right?

6 August 2024 | 6 replies
I am just thinking ahead, just in case, but wanted to get input on what options I could have with current tenants in a lease that might not expire for close to 1-2 years from now in the event I "needed" to sell a house or two, either for a better cash position for myself, or to 1031 into a larger investment property, etc.?

6 August 2024 | 3 replies
A lot of people think 20% is the standard only with certain lenders and Credit Unions.

6 August 2024 | 4 replies
My biggest mistake was thinking that I could lay down new LVP on the main floor of my last house hack, 1 month out of shoulder surgery and I quickly pivoted to a local professional.

7 August 2024 | 6 replies
Don't think you can trick them.6- Some may not want to buy their homes for a lot of very good reasons.

7 August 2024 | 12 replies
Think it’s good area to buy for a LTR house hack?

6 August 2024 | 5 replies
I don't think I will ever fully retire but I plan to be doing less active work in the future, i.e. not focusing on writing new loans and not flipping.I am lucky that I can easily handle a down turn and be just fine if things soften even for an extended time but I still hope that doesn't happen.

5 August 2024 | 5 replies
And ideally sell it 4 years later.If I can more or less count on the renting of additional bedrooms to cover the running costs of the house, I'm really only looking at taking a hit on the buying/selling costs - which SHOULD be lower than what it would cost to house him in dorms for 4 years.I feel like this is pretty obvious and easy (not trying to make significant money here, just thinking I could save $10-$20k on housing costs over 4 years).

6 August 2024 | 2 replies
However if you are in an VERY expensive market where new perfect finishes are expected then I could see that is could make sense in some situations but I don't think that its time dependent. 3.

5 August 2024 | 2 replies
I don't think I have enough capital/credit history to purchase a property through the LLC, I would purchase it under my own name.