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21 June 2024 | 20 replies
Quote from @Renaldo Zora: Quote from @Travis Biziorek: Detroit has to be at the top of this list.I have 14-doors there (from California) and we're doing lots of deals, all-in, for $75k-$90k.12-months ago that range was $60k-$80k so I'm not sure how much longer we're going to be under the $100k mark but there's still a lot of opportunity.I just finished up a duplex in Detroit.
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21 June 2024 | 20 replies
It should only take you about a month or two to contact everyone on your list and then the tough part – you start all over again.Why the repetition?
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21 June 2024 | 2 replies
They’ve made 7 years of ACH deposits on the 1st of the month, regardless of day, for zero charge by their bank or WF.
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21 June 2024 | 11 replies
That would be about 180/month coming back to the gap funder until the 17k is paid back at the exit - either sale or refi.
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21 June 2024 | 11 replies
I like to think of each month a few hundreds from each property goes into a little piggyback called my equity.
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22 June 2024 | 20 replies
I have 8 units from '23 and spent the first 6 months looking, buying, deploying 16 more units.
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21 June 2024 | 13 replies
If you go this route, you'll want to make sure you budget for furnishings.Some folks are venturing down to Pueblo if they want to go the LTR route, but in that case, you may not want to self-manage given the distance.Finally, while it's understandable that you don't want to be losing money every month, don't lose sight of the long term gains from appreciation.
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21 June 2024 | 4 replies
What about charging another $25 a month in rent?
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21 June 2024 | 7 replies
Hi everybody,A few months ago, I just purchased my first property (yay me), which I'm working to house-hack at the moment.
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21 June 2024 | 4 replies
Also, in my lease for tenants, it states that the tenants are responsible for paying for heat utility.In New York City between the months of October and May, landlords have to have to keep the heat a certain temperature.My question is, am I still responsible for keeping the temperature at a specific number if I placed mini splits in each unit and that my lease says that the tenant(s) are responsible for paying the heat utility?