Benjamin Sulka
Financing my 1st House Hack
28 February 2024 | 10 replies
House hacking is for sure the best way to get into real estate investing (in my humble opinion)If you combining your incomes puts you where you want to be, I'd do that.
Karma Senge
Peter Harris Coaching - Disappointed
1 March 2024 | 97 replies
If someone is making millions to tens of millions a year in income WHY are they going to spend 50 hours with a new person that knows nothing in the field for 10k?
Lovell Jones
Best route to pursue?
27 February 2024 | 4 replies
I was considering being an agent because it would put me in the community, while potentially honing my skills and relationships while earning a solid income to invest pending my results.
Lee Lewis
Smoking in a Non Smoking Building
27 February 2024 | 6 replies
If the management company doesn't do anything, you could ask the tenant to reduce the smoke by putting towels under their doors or open windows.
Zachary Petrak
Complete novice question
28 February 2024 | 9 replies
My question:If I were to seller finance and then raise private capital for the rehab, how would I pay back the lender loan other than chewing through income from the rentals since I would already be paying the seller on the finance?
Patrick Hunter
Hello from the Bay Area!
28 February 2024 | 5 replies
My recommendation is to choose cities in safe and economically diversified areas with above-average income and population growth.
Logan M.
I built 15 units with only $130,000 out of pocket
28 February 2024 | 8 replies
Did you have the rental income coming during the first year you owned or it was vacant?
John Mason
Forcing appreciation by adding a bathroom a bedroom and pool
28 February 2024 | 7 replies
Now, I know you were asking about rental income...and that you can find in the comps too.
Mohammad Arif
New to real estate investment, seeking advise from experienced investors.
28 February 2024 | 6 replies
If you want the income lending/lending funds would probably be a great option, but there is rarely any equity appreciation.
Derrick Moody
Section 8 Housing
25 February 2024 | 7 replies
Your local PHA may also have resources to help match landlords with eligible tenants.The PHA must approve the lease agreement, ensuring it complies with Section 8 rules and rent limits.Pros:Guaranteed Rent Payments (sometimes even 100% based on certain tenant criteria)High demand for Section 8 rentals, which can reduce vacancy periods.Many Section 8 tenants prefer to stay long-term, reducing turnover rates.Cons:Properties must meet and maintain HUD's health and safety standards, which can involve additional maintenance and inspection requirements.The PHA limits how much rent you can charge, which may be lower than the market rate in some areas.Tenants must qualify for Section 8 based on income level and other factors, which may limit the pool of potential renters.Dealing with government agencies can sometimes be time-consuming and bureaucratic.In summary, converting your home into a Section 8 rental can be a good strategy for attracting and maintaining long-term tenants due to the stability and reliability of government-backed rent payments.