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11 December 2024 | 3 replies
Trying to stay ahead of the game and be proactive.
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12 December 2024 | 19 replies
I'm sure this was not comfortable or fun to spend this money for the fixes but the fact that you were able to find a way to do so and stay in the game is really a feat so kudos there!
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16 December 2024 | 1 reply
Well, Oregon can feel like an entirely different ball game.. especially if you’re used to simpler markets like Arizona or Texas.
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16 December 2024 | 5 replies
it is technically a real thing but very rare, and there is plenty of historical data out there that shows those who have less skin in the game are at a far greater risk of default by a factor of 5-7x.
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16 December 2024 | 7 replies
Use self-management software, establish clear communication channels, and consider Section 8 for first rentals.
12 December 2024 | 14 replies
But the cost to play that game is higher than the likes of Eugene or Roseburg or Salem.
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17 December 2024 | 12 replies
I love the why and your current game plan.
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14 December 2024 | 7 replies
Every investor has a different game plan.
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11 December 2024 | 0 replies
The real estate game is all about relationships and strategies, and this is one of the most important topics to get right early on!
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10 December 2024 | 6 replies
Hi @Tim Holt I think in general house hacking is usually a good move because it gets you off the sidelines and into the game with the most favorable financing possible (30 year fixed).There's a lot of value in getting started today vs waiting some undefined number of years until conditions are better, which could be a long time from now, because real estate is a business and the sooner you start actually learning about that business, the better.With all that said, I always recommend that people analyze any potential house hack as a pure investment that they aren't going to live in, because someday they may want to move out and you should know up front (before you commit) whether you're going to be able to do that, or whether you're overpaying and will be stuck in the property unable to move out because it'll be cash flow negative if you do.So you had it exactly right when you wrote, "the property would need to cash flow when I move out and rent out all units."