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22 June 2024 | 3 replies
If you move into the ADU, do so prior to placing someone in the primary.
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19 June 2024 | 4 replies
Below are some key metrics and the proforma I have compiled from a feasibility study and an STR report.
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22 June 2024 | 11 replies
After two years we moved into our own house and continued to rent it out.
21 June 2024 | 10 replies
Once it becomes a rental you can’t even move back in to it and regain the tax free status.
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22 June 2024 | 7 replies
House was spotless when they moved in.
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21 June 2024 | 5 replies
What I am thinking is to use my va loan yearly to move and add a home to the portfolio.
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21 June 2024 | 1 reply
Here’s the scoop on the property:Property Details:Built in 2021: Modern and low-maintenance.4 Bedrooms (Convertible to 5): Flexible layout.2 Bathrooms: Great for families or multiple tenants.Turnkey Rental or Primary Home: Ready for investors or as a family home.Location: Just 10 minutes from the University of Riverside.Vacant: Ready to move in right awayMortgage: VA loan @2.5 percent interest rateWhat I’m Looking For:Realtor Recommendations: I need a realtor who knows their stuff with creative financing—seller financing, lease-to-own, etc.
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21 June 2024 | 20 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
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20 June 2024 | 16 replies
@Adam Walker I do this on one of my properties and due diligence on the operator and my comfort level with them is key.
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22 June 2024 | 8 replies
We are moving to another home that we have renovated, and will be renting out our primary residence on a long-term lease.