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12 December 2024 | 17 replies
I did not want to incur the cost but I figured...that maybe....just maybe....sometime in the near future us ADU home owners may be able to rent both units....like a duplex.At that point it will be worth it to let the tenets be responsible for their own bills.Not saying that other ways are bad...they are actually very cost effective if you are living there...but what about as you scale your business and move onto other properties.This of course if your city will allow you to rent both units...the city I am in is tough but things can change as more pressure is being put on affordable housing.Once again...not saying any way is right or wrong...I just did it this way for the reason I just mentioned.Thank you....
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16 December 2024 | 8 replies
Hemlane.com is a management software I use, very effective and affordable.
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13 December 2024 | 11 replies
The lender will need to be able to prove on paper that you can afford all those mortgages with your job income and the rental income that you have.
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14 December 2024 | 42 replies
.: I would only buy single family homes in the best locations I could afford rather than messing with multifamily and less great locations, and I would use my local credit union for loans because they keep them in-house and service them in-house, so that I wouldn’t have to deal with loans being passed around among all the sketchy loan servicing companies.
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11 December 2024 | 37 replies
It's still an affordable market; I would just be cautious about which turn-key provider you choose.Deborah
10 December 2024 | 13 replies
Overall, it's pretty affordable too.
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16 December 2024 | 21 replies
It’s also a much lower priced house than the couple I have now and I can afford to hold this and pay the mortgage with no occupancy.
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1 December 2024 | 3 replies
I doubt as a society we will ever solve the affordable housing problem our country faces, but there are certainly measures that can be taken to make housing more affordable.
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9 December 2024 | 7 replies
I let them run to the end of the year as m-t-m, then send a rent raise letter, usually for $25 or $50, on or about Nov 1, effective Jan 1.
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17 December 2024 | 12 replies
Buy a single family home with as many bedrooms as you can afford and live like a college student for as long as you can.