Do a Google search for "Boommates" and you'll find references to the Golden Girls TV show and discussions about two significant issues older people face: the high cost of housing and loneliness.For younger people, we call this "house hacking," where someone buys a house and takes in roommates to help cover the costs.

My initial plan was to purchase enough rentals to help offset some of the mortgage of my future home in LA.

Your transaction frequency will help you get better rates.

Hi, I am brand new to real estate investing and need some assistance understanding price to rent ratios.  My understanding is that a lower price to rent ratio may indicate a property’s ability to generate cash flow.  ...

I am just starting out so any help will be greatly appreciated!

I'm hoping for some guidance and any suggestions/ help is greatly appreciated.The specifics of the property are as follows:Land: 1 acre Income Generating Units: (built around 1995 all in good shape)Ranch House: Rental income of $1,200/monthMobile Home 1: Maintenance personnel reside here rent-free (not generating rental income)Mobile Home 2: Rental income of $980/monthMobile Home 3: Rental income of $1,000/monthMobile Home 4: Rental income of $1,200/monthMobile Home 5: Rental income of $1,200/monthFinancial Information:Estimated Annual Taxes: Approximately $2,500

Marketing Shift: I’ve noticed that Martel has altered his marketing strategy, moving away from advertising a guaranteed profit on the first deal to a guarantee of helping you buy your first property.

Thank you for your help.

I think what folks are trying to advise here is that you need to make sure you're dealing with an agent who knows policy language, has good experience in the industry, and knows how to help you and protect you at the same time.Hope you find this helpful. 

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