
21 August 2024 | 10 replies
I am wondering if this could be a good first time investment property concidering the following pieces of information?

21 August 2024 | 7 replies
Over time, the benefits of house hacking, including potential rent increases and the ability to live affordably while building equity, can far outweigh the initial concern over under-market rents.Keep your focus on the long-term gains, and you'll likely find that house hacking is one of the smartest financial moves you can make.

22 August 2024 | 0 replies
While not as dynamic as the post-pandemic boom, key indicators suggest positive momentum is building.Vacancy Rates and Demand: U.S. multifamily vacancy rates declined for the first time since 2021, with the Sunbelt region leading demand.

16 August 2024 | 4 replies
However, if you plan to rehab at all, you will then need a licensed contractor to provide bids on each project you plan to rehab.You will then be asked to provide a proof of any funds to close, purchase agreements, and if closing as an LLC - most times documentation on that LLC.Overall, the larger number of units (5+) makes the lending process based more off the property than the borrower, contrary to traditional single family housing.I would recommend you work with a Loan Originator/Broker who will be the medium for you to the lender/s.

21 August 2024 | 5 replies
He's been doing it successfully for about 12 years, six houses, and he makes a tidy profit each time.

22 August 2024 | 10 replies
Particularly around the Springfield Town Center, where 2 million square feet of commercial space and thousands of residential units are in the works by property owner Pennsylvania Real Estate Investment Trust (PREIT), to be delivered by 2026.Below I will go into the reasons why Springfield Virginia real estate market has strong potential for future growth in the coming yearsSpringfield Town Center is Approved to add 2 million Square Feet of Commercial Space and Thousands of Residential Units, Coming in 2026Although many malls suffered greatly during COVID-19, certain malls have begun to make a comeback, such as the Springfield Town Center, which not only is at pre-pandemic levels of visitors and retail vacancy of 4%, but the average time of visit has increased for the mall.

21 August 2024 | 4 replies
Offer a bonus to contractors or GC to stay on time/budget.

22 August 2024 | 5 replies
My mortgage would go up $781 for the next 30years, the ADU income would more than cover & I hope to pay extra principal to cut my loan time -it's just I was hoping to pay off ADU within 5.5yrs- so that I can collect 'all' ADU income at that point <I'm fixed income & I lose 'some' personal income in 5yrs so trying to plan ahead on how to recoup that>.

21 August 2024 | 7 replies
If someone was observing me all the time they would say I'm working all the time.

21 August 2024 | 9 replies
Personally, we are on pace to sell more properties this year than the number of acquisitions for the first time since I started doing REI in 2017.