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24 December 2023 | 43 replies
Sample deal I'm in the middle of the reno on in Ventura3/2 main house, 1/1 mother in law suite, and a 1/1 detached garage conversionPurchase: $925k ($1.1 all in after reno & ADU conversion)Reno: $80k for main house, $100k for ADURents: $4k/mo for the main house, $2.5k/mo for each of the ADUs.
7 January 2024 | 1 reply
I ran the tenet through Zillow, everything looked great, 4x the rent, 780 credit score, veteran, single mother with two kids.
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12 September 2023 | 13 replies
If you are dead set on needing privacy, you can find a single family home with some form of carriage house/ mother-in-law suite you can live in and rent out the rest.Earlier this year I did 6 part webinar series on house hacking in our higher interest rate environments with case studies and interviews with industry experts.
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5 November 2023 | 5 replies
Is my mother, but I’ll get into that shortly.My mom was born and raised in Uganda, when I was 6 years old we moved to the US for the same reason many folks make that decision, for a better life.
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5 August 2023 | 24 replies
Of course, Mother Nature is always a worry but having a bunch of family in FL we realize the risks and rewards of beach living!
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7 January 2024 | 57 replies
Secondly because I want to be able to take care of my mother, and my future children, so that they never have to go through things like my family and I did when I was younger.
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12 January 2023 | 20 replies
We have some cheap areas in the city of Milwaukee that get a lot of attention from OOS investors, you might call it fools gold and local investor know to stay clear.Delinquent rent is not the biggest concern for me personally, a roughed up house is a much bigger financial damage - currently dealing with one (primary tenant, the mother moved out, left daughter in the house, could not afford rent, started sub-leasing to a bunch of different individuals living with her until I caught on to it; the house used to be in pristine condition with new kitchens, bathrooms, hardwood floors - we are probably looking at over 10k and a dumpster full of junk, plus a month of unpaid rent $1,800 and 1-2 months to get it rented again) We don't have that very often, because we are renting above median price and have usually A quality tenants, but once in a while we have a case like this.For more on this, I wrote a post a couple years ago: What they don't tell you about cheap rental properties.
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31 July 2023 | 3 replies
I currently own eight doors, having sold four of them during the pandemic, when my mother's age forced me to move back to California.
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14 January 2020 | 4 replies
Check the county tax records for properties that aren't technically duplex/triplex/quadplex, but something that has a separate building out back or mother-in-law suite. https://www.bcpao.us/PropertyS...If you click "More search options" you can go down to the "Property Use Codes" field and then click "Help" on the right side.
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4 January 2024 | 6 replies
I have 2 dogs and care for my elderly mother with dementia.