Real Estate News in BriefA string of favorable data (lower inflation, higher unemployment rate) has convinced the market that the Federal Reserve will begin cutting short-term interest rates in September, and mortgage rates are already moving lower.Reminder!

Looking to do mid term rental in the unit that is left furnished while they are not there and Section 8 in the other units ideally.Just trying to get my reps in with deal calculations.

It’s been a long time since anyone came to my meetup that saw it advertised on the BiggerPockets website.

I used to live in the property and are in very good terms with the previous neighbors, and don't want to risk anything given the shady past/current behavior from the tenants. 

Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $247,900Cash invested: $19,000
Closed on my 3rd house hack in January 2024 and wow this one has been quite the property.  
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Are you kidding me, your entire investment is based on using the property for short-term rental - any complaints by neighbors and you have to cease.

of course you have to handle the inquiries… but it’s pretty easy… we’ve done it multiple times.Your 6% appreciation approximation is less than the 7% average return the stock market  does long term - and lately it has been blowing that figure away - though as they say - past performance doesn’t equal future performance. 

I am thinking about turning the house into place that can accommodate home health care.

Prioritize paying off existing debt to improve your debt-to-income ratio for better loan terms.

What does cost me is a tenant who doesn't stay very long.