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22 January 2025 | 31 replies
I would also look at employment/unemployment statistics, and get a good sense of who the biggest employers are in an area.
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8 January 2025 | 11 replies
If it's not feasible due to circumstances I suppose I'll have to adjust my situation (find weekend job, move back to NJ with parents, move to a different state with, etc.)All responses are appreciated, and I am absolutely open to chatting on the phone by the way.My view on house hacking is it can be a great tool to buy a house you could not otherwise afford, but it shouldn’t be a goal in it of itself if that makes sense and that’s not to discourage you from investing just there are alternatives such as the stock market. so I’d start by asking where you want to live, do you want to own a single family home or does it make more sense to rent in a more interesting neighborhood like Arlington, Alexandria, that’s gonna be a personal choice, Will your monthly payment actually be less than renting/how many people do you need to get in the house to afford that?
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17 January 2025 | 23 replies
It depends on where you want to position yourself in the market and what makes sense from a business perspective in relation to your overhead / operational costs.
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8 January 2025 | 5 replies
This helps you determine what offer makes sense to you.
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9 January 2025 | 8 replies
If you live in CA investing in Alabama, OH, or TX might not make sense.
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14 January 2025 | 25 replies
If there’s a delay, it might make more sense to cancel or refund those bookings and use the time to get everything ready for a fresh start.Since it’s Joshua Tree and the peak season is winding down, it’s worth deciding if you want to jump in now or take some time to set things up for a solid relaunch.Good luck, and let me know if you need any more advice!
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11 January 2025 | 7 replies
@Van Lam - I think your plan to finish rehab and then rent them out a higher market rents makes sense to do first.
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7 January 2025 | 0 replies
In the end, it would have made more sense to hire a couple handymen for a week or two than me spending 3 weeks installing flooring, base and case.
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6 January 2025 | 9 replies
And since I would like to go back to it being a STR when some of my life calms down in a year or 2, it doesn't make tons of sense to get rid of it all and then start again!
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6 January 2025 | 5 replies
@Dustin Horner It does not make sense to make any hires for one 10 unit building, PT or FT.