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9 April 2024 | 9 replies
Jersey City market is very expensive after running the numbers on multiple properties I just don't see how the numbers makes sense to still house hack there unless I'm doing airbnb or something like that while live in another unit.
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9 April 2024 | 9 replies
I dont understand how this even happens, does she occasionally open up her front door and and fling a diaper on the property?)
10 April 2024 | 13 replies
I am using National Tenant Network https://ntnonline.com/ to run reports.
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8 April 2024 | 11 replies
Now, if I am putting on my paranoia hat, they have the code to the door and the address.
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9 April 2024 | 16 replies
Finally, an interesting property has popped up but I don't know if it would make sense in the long term.Some numbers:(I know I said HCOL and this may not appear to be that, but coming from the midwest, this was a significant jump)The avg fixer-upper single-family home is going to run us ~325k and with around $40,000 down and a 6.9% interest rate we're looking at something like $2,400 a month PITINow the duplex I mentioned would go for about 100k more and with the same down payment and interest rate we'd pay something like $3,200 a month.
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9 April 2024 | 5 replies
Its GREAT to understand where the numbers come from but tiresome to run them by hand all the time.
9 April 2024 | 2 replies
Many banks do not run municipal searches and therefore can still finance the deal despite missing COs and no permits.Whether a buyer/borrower would take on the property this way is a different story.
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9 April 2024 | 13 replies
It runs background checks, credit reports, eviction/criminal reports, template leases, a Docusign-like program to sign lease agreements, rent collection, tax consolidation for EOY tax time, etc.
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10 April 2024 | 27 replies
Shoot, you could own 10 doors and be on your way to an early retirement, my friend.I know this will not be a popular concept here, but consider it anyway.