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21 February 2024 | 6 replies
I was not able to buy a duplex, triplex, or quadruplex since the mortgage would've been more expensive, but it was my first idea.
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22 February 2024 | 8 replies
you will want Handyman insurance, and as @Glen Morrow stated, you will not be allowed to pull permits, per state law, you would need a contractors license to pull permits, and technically to do work on a 1-2 family dwelling. to get the license you need to complete a 12 hour training, and pass a test, and have appropriate insurance, Quite expensive insurance at that.
21 February 2024 | 6 replies
This is a business at the end of the day.I don't walk into a Lambo dealership and expect them to hear my sob story as to why I need a more expensive car over a KIA that I can afford.
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23 February 2024 | 21 replies
Getting your Real Estate license is a great idea for flipping houses you will be able to save 2.5-3% when you buy (if listed on MLS) but definitely when you sell which is a nice added cushion in case unexpected expenses come up especially when starting out!
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23 February 2024 | 10 replies
More expensive because you couldn’t use the old foundation.Hard pass and don’t look back.
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22 February 2024 | 12 replies
I'm not looking to sue people and get tied up in expensive litigation fees but is it something I should consider?
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21 February 2024 | 10 replies
Stay financially disciplined and plan for unexpected expenses.
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22 February 2024 | 2 replies
I'm bringing in temporary rental housing to cover expenses while investigating building the first permanent home.
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22 February 2024 | 9 replies
@Seana Yates While people structure partnerships anyway that they find acceptable, here are some concepts to consider:Your "sweat equity" is great because it saves you in expenses.
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21 February 2024 | 7 replies
HI John, You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.