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22 May 2024 | 2 replies
_____________________________________________________________Current Rents:House: Basement Apt: Current owner occupies $0House: 4 bed, former BnB, currently 1 room LTR, frequently STRs (travel nurses) 8001 BR Apt: $1000Studio: 900Cabin 1br: 1000Cabin Studio: 700Current Gross Rents: 4400___________________________________________________________Potential Rents - All rents are currently below market*:House: Basement Apt: Owner occupies $1500 ($0)House: 4 bed LTR $2800 STR $5500+ BnB 20,0001 BR Apt: $1500Studio: 1200Cabin 1br: 1500Cabin Studio: 1200*There is an addition attic apartment unused: 1200Potential Gross Rents: LTR=$9400 - STR=$12,100Tax:530/moInsurance:250/moAssumptions: Small family wanting to househack and come as close as possible to no monthly expense.
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24 May 2024 | 3 replies
I'm so thrilled to meet others with some experience in this space.
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24 May 2024 | 19 replies
Portfolio lenders usually have higher loan limit minimums from my experience.
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23 May 2024 | 2 replies
What are your experiences with the quality of renovations?
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21 May 2024 | 6 replies
When people rent to traveling nurses, they are essentially requiring a certain profession and level of education.
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23 May 2024 | 7 replies
Would love to connect with other investors and grow in my experience with wholesale and eventually flipping houses.
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23 May 2024 | 11 replies
You’re on-site for maintenance issues or tenant concerns, which cuts down on the hassle of traveling to a separate location.Loan Accessibility: Getting a mortgage for a duplex can be easier than financing other types of investment properties because you can use the potential rental income from the second unit to help qualify for the loan.Tax Benefits: Owning a rental property can open up opportunities for various deductions like mortgage interest, property taxes, operating expenses, and depreciation.Disadvantages of Investing in DuplexesPrivacy Issues: Living so close to your tenants means less privacy.
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24 May 2024 | 5 replies
You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
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24 May 2024 | 36 replies
Want to know fellow BPers experience on that program.
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23 May 2024 | 2 replies
If anyone has wholesale experience (or is a cash buyer that’s interested) please let me know ASAP!