22 July 2024 | 7 replies
Hello, I think it’s really awesome that you’re just now beginning and you are already coming to the forums to learn so the first thing you need to do is to continue to stay on the forms and you also need to be reading all of the bigger pocketbook and start listening to their podcast to soak up as much knowledge as you can and as long as you do that, you will have all the knowledge you need to start and regarding your question I do not advise to buy a single-family house just to live in it without a rental property aspect so it’s OK if you want to live in the house as well but you will have to either get a multifamily property or you could also buy a single-family home and rent out the other rooms now see when you have a property that you use just for your family then you have to pay the mortgage every month which is building your equity, but that responsibility is solely on you whereas if it has some sort of rental property aspect, there will be other people helping you build that equity if you were to buy a property just for yourself that is something that will be taking money out of your pocket every month while as a rental property if you buy right will be putting money in your pocket every month the only exception to what I just said is if you buy a property for yourself or just for your family to live in, you could do a live-in flip to where as you’re living in the property you rehab it while your living there and if you buy right with enough knowledge, then when you turn around to sell the property, you will make profit

22 July 2024 | 5 replies
They disagree when they want the house cleaned as I didn’t establish house rules assuming they are adults and would figure it out.

22 July 2024 | 38 replies
Call their referencesObviously you have to be extremely by the book in terns of equal housing opportunity...From there, when you sign the lease, expectation setting is big.
21 July 2024 | 15 replies
Most of the housing is comprised of class A residential so the rent to value ratios are not going to be great.

18 July 2024 | 4 replies
So, do you have any advice for a first-time house-hacker wishing to jump into the appreciating deep end and swim with the sharks?

17 July 2024 | 20 replies
I see you're from Hoboken, where are you looking to house hack?

22 July 2024 | 24 replies
I compared notes with an AZ investor and his property tax is half of my Indianapolis suburban rental (owned almost 11 years) and his house is worth twice as much.

17 July 2024 | 2 replies
What percentage of housing demand in and around Metro Atlanta is section 8, and is it worth marketing more to affordable housing?

22 July 2024 | 7 replies
I think living in the house for a year would be beneficial, too, because you would qualify for a lower downpayment, but you would also be able to get it set up yourself while you are living in it to save even more money.

22 July 2024 | 6 replies
If the tenant is smart, they know they can take you through housing court for this and just simply stop paying any/all rent & fees owed.