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18 January 2025 | 21 replies
This gives you flexibility and a clearer understanding of how you’ll proceed based on market changes.
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22 January 2025 | 13 replies
Quote from @Jonathan Baptiste: I've house hacked for a year but have been handy my entire life.
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10 January 2025 | 11 replies
Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.
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24 January 2025 | 0 replies
Over time, as you build more properties, the cash flow and equity from each one can be used to fund future investments, creating a cycle of growth.Why BRRRR Works: The BenefitsThe BRRRR strategy offers several benefits that make it appealing to investors:Leverage Your Capital: The ability to pull out equity through refinancing means you don’t have to wait years to accumulate wealth.
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29 January 2025 | 21 replies
What I was referring to was that I know two private lenders who have the borrower complete the Deed in Lieu documents at the Closing of the initial loan and then hold them in escrow during the life of the loan.
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5 February 2025 | 5 replies
I have gotten accelerated depreciation that has exceeded my initial investment.Now add that you could perform a value add to create some sweat equity.
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20 January 2025 | 4 replies
More than likely, the same people created these startups are doing pump and dump.
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3 February 2025 | 4 replies
I am at an inflection point where I need to decide if I should try to sell or rent it due to possibly moving for a job change.
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12 February 2025 | 3 replies
They change jobs more frequently so renting a room works better for their lifestyles.
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3 February 2025 | 27 replies
I've done it twice in Reno, NV (now I have them both as long term rentals), and it's changed my life.