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6 January 2025 | 5 replies
You need a lot of units under management to pay a maintenance tech 40 hours per week.When determining when to hire a PM or ops team member, that greatly depends on how much revenue your units generate.
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27 January 2025 | 35 replies
Hello, great question as I am considering them too, not specifically looking into using any form of retirement accounts for initial investment though.
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15 January 2025 | 8 replies
House Hacking a primary residence is the best way to generate wealth so I always recommend that as the next move.
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15 January 2025 | 49 replies
Despite my initial contact on December 17, 2023, and subsequent emails to Courtney.Sansone the problem remains unresolved.The issue arose when I attempted to link my Bigger Pockets PRO account to my Stessa account.
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9 January 2025 | 2 replies
Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.
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4 January 2025 | 14 replies
Remember there are 4 ways you are getting ahead by owning a small multifamily property (houeshacking initially).1.
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12 January 2025 | 8 replies
Many of my customers who are traveling nurses buy condos or townhomes in Florida as vacation homes, then rent them out when they're not in town.This system has proven to be very lucrative, as it allows them to service the mortgage debt and generate a good cash flow.
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25 January 2025 | 25 replies
For Americans using their housing allowances, there’s a unique opportunity to acquire properties that generate strong yields without relying on appreciation alone.2.
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11 January 2025 | 420 replies
If all else were the same (initial principal, interest rate, payments) the difference would be marginal ... and, in Canada, would favour the mortgage note.
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7 January 2025 | 4 replies
I'm passionate about real estate and how utilizing this asset class can enable me to build generational wealth and retire early.