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18 July 2024 | 7 replies
I am a newbie at this particular strategy, so any tips, hacks, insight, or advice you can give would be greatly appreciated!
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20 July 2024 | 4 replies
Right now with the feasibility study We're anticipating about $4,000 for the SFH and $2,200/mo/unit on the ADUs, totaling about $10,600/mo in rent revenue so the initial rents look great.However, I don't know how the loan will play out.
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20 July 2024 | 6 replies
Now that I've got the ball rolling, I want to move into a 2nd market here soon.
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20 July 2024 | 3 replies
So then the house is 10% owned by The Person, and 90% owned by The LLC (income and expenses shared accordingly).Now this year say I want to take the same percentage (10%) - and say it's a flat market and the house is still appraised at $500,000.
20 July 2024 | 7 replies
Let's do this 💪 have some awesome stuff on the board right now!
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19 July 2024 | 12 replies
Now, I just look for low-cost turnkeys.
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20 July 2024 | 0 replies
Since I've been told the insurance market is really tough right now in California with most of the big companies (Nationwide, Allstate, State Farm) not writing new policies to new customers, I'm trying to do a change of broker to a different Safeco agent.
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20 July 2024 | 0 replies
This assumes the market rent for the unit I will be moving into.My goals from entering real estate are 1. add diversification in my investments (right now heavily invested in stocks) and 2. house hack, so that tenants pay part of the mortgageIn my current market, I have two options: a. buy older houses, renovate, bring the rent to market --> this will cashflow, but needs a lot of time investment which I don't haveb. buy turnkey properties: --> renovated and already occupied by tenants but may not be cash flow positive.I found a property that's type B.
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20 July 2024 | 2 replies
We have used Yardi that turned into Breeze (yuk) and now looking at Real Page that looks great but no cost info yet.
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20 July 2024 | 4 replies
Bigger Pockets has lease agreements by state that you can purchase for $99 right now.