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25 May 2024 | 2 replies
If you really want to grow your STR, getting it set up correctly is key
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28 May 2024 | 68 replies
And told her she must keep her bike either in her unit or somewhere else.She comes back telling me that she has been doing it for 20 years and she has a herniated disk so she can't carry the bike up the stairs.I expressed that she still has to move it and it inconveniences the whole complex.
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26 May 2024 | 0 replies
Also, the terms of our offer were pretty ridiculous because it was contingent on:-Us finding two sets of renters and signing leases (in order to get the financing in order)-The owner of the offered-on property buying-out one set of his tenants-Us being able to move in within 60 days of closing How did you finance this deal?
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27 May 2024 | 19 replies
Don't move too fast.
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26 May 2024 | 102 replies
I usually don't chase bad money with good and agree that your $20k against a 6 figure monthly bleed won't move the needle.
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26 May 2024 | 3 replies
I understand that I should have a separate bank account from my personal checking/savings, but based on my research, this first deal won't necessarily provide cashflow with me living in one of the units (it will when I move out).
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26 May 2024 | 3 replies
Currently, have a property that has been on the market for some time, spoke with the agent and the sellers are trying to move forth due to another property.
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26 May 2024 | 28 replies
So I have no reservations about moving and renting it out.
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28 May 2024 | 17 replies
Where would you live if you moved there?
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26 May 2024 | 6 replies
My understanding is that assuming that one has no debt other than the mortgage for the first househack, it is calculated as(PITI1 + PITI2) / (Monthly Paycheck + 0.75*Rent1 + 0.75*Rent2)Rent1 is the total rent collected from the first property assuming that you have moved out and have fully rented it, and Rent2 is the rent collected from the other units in the new multi-family property that you want to buy.Is this correct?