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28 April 2024 | 4 replies
However, while we were cleaning up, we treasure hunted out at least $3000 stuff, including $300 cash on the floor, several un-opened Amazon boxes, new-in-box computer/gaming items, hair tool ($300), YouTuber's gadgets, new with tag heated jacket ($220), an unassembled exercise bench ($500 at least), so many new or near new stuff that you can sell.
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28 April 2024 | 11 replies
I feel like this is suchhh a common question for new house hackers, including myself.
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26 April 2024 | 21 replies
This reduces the amount of debt you owe and increases your net worth.
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27 April 2024 | 3 replies
I would just budget to fix it and include that in my offer price.
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26 April 2024 | 4 replies
It's a -14% return if that $800 is before interest ($375k debt * 3% = $13,125 in interest expenses).
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26 April 2024 | 25 replies
I would like to be able to afford my whole mortgage at 100% vacancy in a disaster scenario, which puts me at buying houses less than 200k at the current interest rates including expenses and insurance.
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26 April 2024 | 6 replies
If the numbers makes sense, which likely they will since you inherited the property and there is no mortgage, then renting it out debt free could be a great move right now.
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28 April 2024 | 17 replies
(Form 1025 for a 4plex which includes sales comps + rent comps)
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28 April 2024 | 15 replies
Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.
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26 April 2024 | 4 replies
Took HELOC in Oct 2023 for the (2nd rental) to pay off all debts.