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28 February 2024 | 4 replies
I want to house hack a duplex but with prices so high what are you looking for?
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28 February 2024 | 3 replies
I highly recommend being proactive and reaching out to people on this forum.
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28 February 2024 | 7 replies
While I am currently looking for multi-family duplex/triplex with an eye to use BRRRRR in the north shore area (north of Boston suburbs like Chelsea, Revere, Saugus, Swampscott, etc) class B/C properties, I am wondering whether this strategy in a "tenant-super friendly" state like Massachusetts's with current high interest rates (and therefore high construction/materials/contractor costs) is worthwhile at this time.
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28 February 2024 | 15 replies
The problem is that my HOA is so high that I will barely make any money off the rent.
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29 February 2024 | 10 replies
House flipping is attractive because the high velocity turnover of capital if done successfully but as Scott points out, purchasing the home correctly is the most important factor in a successful flip.
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28 February 2024 | 8 replies
I highly suggest teaming up with a broker who truly understands the ins and outs of different underwriting guidelines.
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28 February 2024 | 7 replies
I highly recommend you begin building relationships with people in your local market by attending meetups and asking people to grab a coffee or beer.
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26 February 2024 | 5 replies
my understanding that there is rent control as well and can not increase rents more than 7% a year for the same tenant.Just trying to see if there is a possibility to enter this market at this timeTIA Hi Lydia,Currently Michigan legislature states "a local governmental unit shall not enact, maintain, or enforce an ordinance or resolution that would have the effect of controlling the amount of rent charged for leasing private residential property."
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29 February 2024 | 9 replies
There is an abundance of supply, high price tag, it's more of a corporate travel town than a vacation destination (meaning that 1-2 bedroom units are in most demand, which puts you squarely in competition with hotels).
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28 February 2024 | 49 replies
I'd be careful with high rise condos in FL right now.