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27 February 2024 | 6 replies
Here are some considerations for investing in a duplex in the Dallas area and potential alternatives:Investing in a Duplex:If you rent out one property, you can possibly create positive cash flow by partially offsetting your living expenditures.If you're an investor with limited funds, duplexes could be a more accessible alternative because they may have lower entry expenses than bigger multifamily properties.Perform in-depth market research in the Dallas region to pinpoint communities that have high demand for rentals and good prospect for real estate growth.Take a look at owner-occupant-friendly financing choices including FHA loans, which frequently have less down payments.Make sure you have a well-defined escape plan.
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26 February 2024 | 5 replies
Vitalii - Yes, I typically try and "triangulate" to an answer using multiple estimates, including rentometer, zillow, craigslist, etc...
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27 February 2024 | 10 replies
I believe most people (myself included) end up going the online route, and there are many well-reviewed options (and some on Groupon) for <$150.
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27 February 2024 | 12 replies
Plan for every possible exit scenario, including you both never wanting to speak with each other again.
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26 February 2024 | 2 replies
However, the specific details can depend on various factors, including the type of asset, how long it was held, and any applicable tax exemptions.
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25 February 2024 | 3 replies
I am a brand new agent located in East County, San Diego.
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27 February 2024 | 9 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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26 February 2024 | 0 replies
This remodel included all new plumbing, a complete bathroom gut, all new flooring, exposing the brick fireplace, all new appliances, paint inside and out, etc.
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26 February 2024 | 13 replies
I am also including the taxes and insurance while running the numbers.
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26 February 2024 | 3 replies
It's a split level that I bought in original condition, including a 1984 ancient-looking air conditioner and all the things that come with a house of this nature.The plan was to do a full cosmetic + replace HVAC and Roof + prune back 60ft tall pine trees AND turn it into a house hack bnb.What I've learned so far....- Trust but VERIFY everything on the buy side.