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29 June 2024 | 9 replies
I bought it in 2020 and have a 2% interest rate.I’ve been casually looking for an investment property for a while and found a great deal on an ideal AirBnb house a town over in a similar neighborhood/distance to the beach/other attractions.
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25 June 2024 | 7 replies
It comes down to your goals.Because you are house hacking, often times you aren't cash flow positive for a while because of the low down payment.
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29 June 2024 | 6 replies
Can't answer without knowing how noisy it is vs: location, price, rents, condition of side by side or town house
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1 July 2024 | 7 replies
Stepping into a house and listening to the investor talk about what they did to acquire it and what their BRRRR or Flip plans are was the icing on the cake.Just my $0.02.
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29 June 2024 | 5 replies
Now today, I learned through the neighbor she currently lives next to that she hasn't kept up the house, has been problematic, and apparently had eviction notices filed by her current landlord.
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29 June 2024 | 6 replies
Long story short a lot of different things have gone wrong with this house but we are not even getting showings at $269,000.
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25 June 2024 | 2 replies
I believe I can choose between a City Housing Inspector or Authorized Inspector to conduct the inspection.
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29 June 2024 | 3 replies
The challenge for present day investors is with elevated mortgage rates and record high housing prices, the carrying costs and incentive to invest now can be restrictive.
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29 June 2024 | 8 replies
So I basically would want a person who looks at the whole house and gives me the appraisal cost, the areas that need fixing (ex. kitchen cabinets, tiles, bathrooms, plumbing, electricity, etc.), and how much the cost would be.Then this way, I could decide to proceed or not based on the assessment.
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29 June 2024 | 9 replies
A fully paid off property which now should be worth at least $300K with appreciation, I can access 75% of that with a cash out refi so roughly $225K - refi costs.To me, its a no brainer to do bi-weekly IF you plan to keep the house for that long AND you do not plan to refinance (rate or cash out).