
27 February 2024 | 32 replies
A reputable company such as mine will be able to demonstrate call logs and messages between the company and the residents.Maintenance is something in my opinion you have to trust the management company and maintenance team on and have a comfort level with them.

26 February 2024 | 3 replies
It's a split level that I bought in original condition, including a 1984 ancient-looking air conditioner and all the things that come with a house of this nature.The plan was to do a full cosmetic + replace HVAC and Roof + prune back 60ft tall pine trees AND turn it into a house hack bnb.What I've learned so far....- Trust but VERIFY everything on the buy side.

25 February 2024 | 7 replies
Your local PHA may also have resources to help match landlords with eligible tenants.The PHA must approve the lease agreement, ensuring it complies with Section 8 rules and rent limits.Pros:Guaranteed Rent Payments (sometimes even 100% based on certain tenant criteria)High demand for Section 8 rentals, which can reduce vacancy periods.Many Section 8 tenants prefer to stay long-term, reducing turnover rates.Cons:Properties must meet and maintain HUD's health and safety standards, which can involve additional maintenance and inspection requirements.The PHA limits how much rent you can charge, which may be lower than the market rate in some areas.Tenants must qualify for Section 8 based on income level and other factors, which may limit the pool of potential renters.Dealing with government agencies can sometimes be time-consuming and bureaucratic.In summary, converting your home into a Section 8 rental can be a good strategy for attracting and maintaining long-term tenants due to the stability and reliability of government-backed rent payments.

26 February 2024 | 8 replies
Adding area rugs is a good start to dampen the noise, but you might also want to consider asking the upstairs tenants to be mindful of their noise levels, especially during certain hours.

27 February 2024 | 6 replies
Here are some considerations for investing in a duplex in the Dallas area and potential alternatives:Investing in a Duplex:If you rent out one property, you can possibly create positive cash flow by partially offsetting your living expenditures.If you're an investor with limited funds, duplexes could be a more accessible alternative because they may have lower entry expenses than bigger multifamily properties.Perform in-depth market research in the Dallas region to pinpoint communities that have high demand for rentals and good prospect for real estate growth.Take a look at owner-occupant-friendly financing choices including FHA loans, which frequently have less down payments.Make sure you have a well-defined escape plan.

26 February 2024 | 0 replies
Whether you are a startup, you have started and ready to scale or you are nearing Cardone's level you need to look at 4 components and how you build the processes and systems. 1.

26 February 2024 | 5 replies
Yeah I tend to agree that the rent estimator here is usually showing lower numbers compared to Rentometer

26 February 2024 | 2 replies
This will have a significant impact on your loans, especially on lower balance loans or loans with low payments.

26 February 2024 | 3 replies
We did this to lower the interest rate because it was so high.

26 February 2024 | 13 replies
- househacking is really designed more to LOWER your personal cost of living vs eliminating it, let alone cashflowing. you CAN achieve cashflow, it's just harder. look into STR'ing or MTR'ing some of the units. - i personally think 2% for LTR vacancy works in most markets.- the rest estimator doesn't work well in less-populated areas. i use facebook marketplace to find 5-10 comps and average them. - COCR isn't as applicable with househacking because of my first bullet point & because it doesn't factor in that you're also saving on your personal cost of living. many investors shoot for 10%+ COCR with a traditional rental property that they're not househacking.