Howard Chen
Oct. 2021 House Hack Update
24 October 2021 | 0 replies
I reinvested proceeds from the rent collected from the first tenant, to spruce up the second bedroom (I call it the nature room) I added a full length body mirror, study desk, a few various wall decors, updated the listing pics (didn’t get to put in service the new comforter and pillows, since I’m still waiting on them to be delivered) changed two small details in my outreach marketing message, and it made all the difference in response rate from the female demographic; since the majority of travel nurses are females, I realized they would not feel safe/confident in booking from, who they presume, is a single male, so I included a profile picture of my gf and I.
Cory Arellano
Tenant wants a rent to own lease
27 October 2021 | 2 replies
If rent is $700, you should collect $800 to $900, and give them a $100 to $200 monthly credit towards their down payment.
Alicia Marks
Floodplain- Questions on a buy and hold
1 November 2021 | 12 replies
If you get the urge to build a big boat and start collecting 2 of every animal--well...yah....
Trent Warner
Balancing Rental Market Research with Full Time Job
2 December 2021 | 27 replies
Also, you can bet I have absolutely jotted down those resources in my collection, thank you!
Jason Tassinari
What should I be reading ? ( Recommend your top REI book )
15 November 2021 | 49 replies
I now have most of his "Rich Dad" collection now.
Zach Shahan
Homeowner to Investor - INDIANAPOLIS
1 November 2021 | 9 replies
My strategy (which I have used extensively, see my bio) gives each property time to build up some equity, but still allows for the lowest down payments available in the marketplace, and the lowest interest rates.
Michael Seaman
HELOC vs Cash out Refi - advice on leveraging primary to invest
28 October 2021 | 3 replies
In 18 months, that will be an $88,000 loan unless you make at least the interest payments. 2) you have to decide for yourself whether you think any student loan benefits (new low interest rate, 0% interest extension, forgiveness, etc) will be passed into law.
Gina Mann
Is OK landlord friendly?
28 October 2021 | 2 replies
And because you're in Texas, you should definitely branch out to Oklahoma.However, and this really isn't directed at you but rather those in states like California, I think that too frequently people focus on that too much to the point that they miss killer deals everywhere.I live in San Diego and sure, California seems to be tough, but I don't think it's nearly as tough as people think it is.For the most part, if landlords treat tenants in California fairly -- which every tenant should be treated fairly no matter where they live -- they're not going to face too many problems.Even at the height of COVID, it was the slumlords that were having trouble collecting rent.
Stephanie DeBerry
First House hack- Inheriting tenants
28 October 2021 | 9 replies
The seller is friends with the tenants, so no background check was done and no security deposit was collected.
Tim Swen
House Hack in Brooklyn/Queens, NYC?
29 October 2021 | 3 replies
@Damon Bodine has done extensive research on house-hacking in NYC.