However through my research i keep coming across this term sneaky duplex where people turn there basements into a unit or block off part of there house to turn into a separate unit. my plan is to use the basement for traveling nurses because you would already have the water and power turned on for them "house is 5 minutes away from the hospital", live in the upstairs for a year and possible house hack one of the rooms.

Properties in West Hartford, Avon, Simsbury, Farmington and to some extend Bloomfield are going for $100,000 + over asking price with 5 -10 offers within 24 hours of an open house with all offers having NO contingencies, no inspections, and the majority all cash so no financing.  

If it requires me to be there to make it perform for cash flow then it is a job.

My main goal is cash flow right now since I have recently retired and the money coming in each month is important to me.I would love to connect with other investors in the area and get some advice from people who have had success in Charleston. 

I anticipate that late fall and early winter could present some good opportunities for those looking to pick up short-term rentals (STRs).One thing to keep in mind, as with most markets right now, is that return on investment (ROI) isn’t going to be sky-high.

Hello,I am looking at a mixed use property on Long Island (first floor retail plus 4 residential above) and would like to know when the most appropriate time is to ask for things like audited financial statements, tenant ledgers and/or anything I else I should be asking for? 

There are likely more investors that will want the cash flow as a landlord, so in that case selling with some tenants, but also room for the investor to finish lease up to help their overall return would be beneficial.Back to my opening statement, investment sales brokers would be able to give you better guidance.

Yes, your parents can take out a HELOC on their paid-off home to help fund your BRRRR, but it’s smart to have a contract in place to outline repayment terms and protect everyone involved.

Like many agents, my first deals were from long time family friends, specifically on the buy side (which is changing quickly now).

@Ivana Ivanovic I would say 8% is low to cover both vacancy AND repairs.If you expect to incur just one month of rent lost every 12 months, you'd be looking at an 8.33% (1/12 of gross annual income) vacancy rate.And, even for a brand-new build, you're going to have some repair/maintenance costs as long as you've got human tenants.