
12 July 2024 | 18 replies
So I calculated an example. 20% of 352K is $70400 but there's also closing costs.

11 July 2024 | 12 replies
An ADU addition in a SFH zoned area in my market adds significantly less value than the hands of cost of adding the ADU.

12 July 2024 | 9 replies
The one month's worth of rent covers some costs (cleaning, readvertising) and the rest is a hedge against vacancy.

12 July 2024 | 42 replies
Currently they are rented to 2 different mid-term rental investors = basically no management cost to me + no turnover headaches for me.

11 July 2024 | 7 replies
A house hacker with a W-2 income can often times float some rehab costs on a duplex through cashflow or supplement some with their income.
12 July 2024 | 13 replies
So, by trying to get a tenant out and replace them with another tenant you have a 50% chance they will be the same or worse, plus the expense, lost rent due to vacancy, plus any tenant placement costs with your PM.

11 July 2024 | 4 replies
DIY managing is usually best, so you learn enough to avoid getting taken advantage of if/when you hire a PMC in the future.Your challenge is learning enough to avoid lawsuits and costly mistakes!

8 July 2024 | 6 replies
The cost per unit is actually below average for Reno and maybe bit high for that location.

11 July 2024 | 12 replies
If we rent our house out, the tenant would likely cover our entire mortgage, but our HOA costs are high (they were raised a lot recently).