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2 March 2019 | 7 replies
Some benefits I have noticed while househacking in my triplex:- I am at the property daily and can stay up on any maintenance and issues without having to remember to drive by or check in with a property manager- Rent collection is as simple as a door knock.- Tenants generally will be less inclined to try any funny business because they know you are right next door (or above/below them)- It's more conducive for learning as you go.- More favorable loan and insurance terms for an owner occupied property.There are also downsides such as:- Less privacy- Blurring of the landlord vs neighbor relationship- Can be harder to be the "bad guy" on things because you see your tenants often.
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20 November 2017 | 30 replies
Ive been on bigger pockets for a month and a half now and have gotten my arsh handed to me quite a few times by the vets and recommend you stay on here for a while and ask about finding good deals and the real costs that go into buying a property because i know i was shocked to learn those.
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20 November 2017 | 14 replies
I would join as many MF groups and stay engaged on BP (as you are.)The other thing to remember is that there are only two types of people 1. those in real estate and 2. those who want to be.
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4 December 2017 | 9 replies
The only suggestion I would give you is to stay at 3 units or less in Oakland.
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19 November 2017 | 2 replies
Well as of right now we have a place to stay but we are definitely interested buying a place to rent out to others.
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19 November 2017 | 7 replies
But like to keep myself sharp by staying tuned to the market.
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24 November 2017 | 7 replies
So, this might be a bit radical - and would definitely take some conversations with your wife - but here's what I would do:You mentioned friends and family in the area - I would stay with them on a month-to-month rental basis.
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7 December 2017 | 17 replies
Again, because there was an exchange the find were nearly there.Account ClosedYes I am managing the property myself, and from my experience units do not stay vacant for over a month.
20 November 2017 | 9 replies
I think you’d have been better off staying at 525.
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15 October 2020 | 26 replies
I have a portable wood stand I set it on that stays on the job site.