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29 December 2024 | 23 replies
The rooms are unfurnished and the tenants are very low-maintenance (hardly know they are there). 2+Unit Buildings here and nearby currently sell for $1.5M on average.I bought the property 16 years ago, so my mortgage rate is very low (2.2%) Even though the property is cashflow positive, my bigger play is the average 5% yearly appreciation.I'm looking for others who are interested in house-hacking in this neighborhood.
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21 January 2025 | 35 replies
But as you said it's in a rural area, there probably isn't that much competition.I think the labor rates are fair.
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31 December 2024 | 32 replies
When we miss, even a little, we don't mind being held accountable, fairly.
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30 December 2024 | 20 replies
I would ask to be connected with a fairly new real estate agent.
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24 December 2024 | 9 replies
You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.
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23 December 2024 | 4 replies
But she takes excellent care of them (even put in a small concrete pool for them to play in during the summer:-).
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24 December 2024 | 25 replies
This likely reflects reduced demand for T-Bills, heightened inflation expectations, and increased Treasury supply, all contributing to higher mortgage rates and a tougher environment for buyers.There’s likely more at play here, but I agree it’d be great to see mortgage rates head in the other direction sooner rather than later.
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3 January 2025 | 14 replies
As you mentioned those specific details about MTRs geared toward traveling healthcare professionals, these are things I think would help us tremendously as landlords because we play both roles.
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7 January 2025 | 16 replies
I too believe that economies of scale will will give us more bang for our buck, but since MTR data is fairly new, it was also difficult to analyze the profit potential for a new 4plex.
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19 December 2024 | 8 replies
Other wise they would have bought it at the auction and would have told you they owned them so you would not waste your time and money bidding.. that's the other play these redemption buyers play.