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4 November 2024 | 10 replies
The good thing about househacking a legal multifamily unit is that lender allows you to use the vacated units of 75% market rent as an income to offset the potential current mortgage.
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7 November 2024 | 27 replies
If its a stagnant market, it becomes even harder with single family homes that can only achieve $1200/m rents.
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3 November 2024 | 5 replies
Sometimes, it’s all about finding the right nearby areas that balance cash flow with future appreciation to achieve your goals.Here are a few cities (there are more) just outside Atlanta that have strong RTP ratios and more affordable entry points, I suggest looking into:East Point, GA College Park, GA Douglasville, GA Lithonia, GA If you’re interested in any of these areas, feel free to DM me!
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3 November 2024 | 1 reply
Our swift funding process meant there were no delays, enabling us to complete the same-day purchase and resale seamlessly and achieve rapid returns with Rod King.
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1 November 2024 | 6 replies
If you have a small and/or basic unit I think it could be looked at as optional.
4 November 2024 | 11 replies
This is is a very good area and would actually live in 1 unit, so 3-4k negative cash flow for living expenses is ok, as any house w mortgage would cost that.https://docs.google.com/spreadsheets/d/1tfbjOlyVsGW3nHLVPk_R...Key questions/assumptions:- Total for this deal in cash is 300k, anything else (reserves, renovation loan etc) would need to be a bridge loan or hard money- 1 unit is vacant and current rents are VERY under market, projected rent is what seller gave as realistic.
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5 November 2024 | 39 replies
The energy, dedication, sacrifice, and unity is unbelievable.
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2 November 2024 | 11 replies
I’m looking for some guidance on my next steps toward achieving financial freedom through real estate.My long-term goal is to acquire enough rental properties to secure my financial future.
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7 November 2024 | 22 replies
In my opinion, it is something you should sit down with an attorney who provides entity protection, so you can map out what you're trying to achieve.
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31 October 2024 | 12 replies
This will depend greatly upon your market, in my area $200/month/unit is considered solid cash flow.