18 February 2021 | 8 replies
I thought house hacking would be perfect because if I broke even or had even a little bit of extra profit I could use my resident salary to just tackle debt aggressively and once I finish, I can just put a property manager in to manage renters who will continue to pay mortgage and have the property appreciate slowly while I continue my real estate through BRRR and other house hacks.My average monthly salary would be $5800 so ~$4352 after taxes along with $600 housing stipend monthly, cell phone allowance of $1000, educational allowance of $2000 and food allowance ($10 per day) and a moving stipend of $3000 from my program to offset living costs.
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21 February 2021 | 14 replies
All your thoughts are great and hopefully the below can highlight my though process, and verify it's not the most idiotic of plans.Things I should have included.
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24 February 2021 | 10 replies
Just some food for thought, I recently bought a place with low/moderate cash flow (when I decide to rent it) but it allows me to keep my living expenses with my girlfriend moving in under $750 a month each which has allowed me to save so much more than any investment.
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4 March 2021 | 3 replies
He talked me through potential issues throughout the inspection and also highlighted a number of the positive aspects of the property, such as the parts in particularly good condition or where it was clear that there had been regular maintenance.
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19 February 2021 | 6 replies
Closest town with restaurants is Walhalla which has very limited eating places and nothing really that is stand out - think a few fast food and mexican places, not much else.
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19 February 2021 | 2 replies
The questions you're asking highlight that you're a little lost and don't know the basics.
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23 February 2021 | 107 replies
For me this simply highlights to 80/20 rule is more 98/2 rule now.
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22 February 2021 | 3 replies
Until you reach some critical mass of reviewers and validation participants, vetting of vendors and agents may be destined to a half-baked semi-useful system instead of the full usefulness you intend.Just some food for thought here.
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23 February 2021 | 6 replies
Choose a business and a local feature/event to highlight every week.
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24 February 2021 | 14 replies
food for thought.