MIlton Monzon
Triplex BRRRR Norwich
16 October 2022 | 1 reply
Was very strict on my contractors bids, interviews, and who I trusted.
Dolev Zaharony
HOA issue- short term rentals
17 October 2022 | 2 replies
I would assume around $50-100 a day if they’re strict.
Matt T.
Home Hacking First Time Advice
26 October 2022 | 6 replies
So if you were interested in single-family, I would recommend Conventional (like @Karl McGarvey said) because the inspections/appraisals are more stringent for the FHA, and because 5% down is pretty close to 3.5% down.But in the case of the duplex, even though you may have more strict inspections/appraisals, 3.5% down will yield much higher cash-on-cash ROI than the 15% down.Let me know your thoughts!
William Ward
Fix 'n Flip? Or Buy'n Hold?
29 October 2022 | 8 replies
Only they are being more strict on the deals they buy do to the uncertainty of the market and lower home prices.
Isaac Bartels
BRRRR or House Hack?
19 October 2022 | 32 replies
By that I mean that I mean:1) We have strict tenant qualification requirements that we don't deviate from (income must be 3x rent, 1 month security deposit, solid employment, credit score, no felonies, etc.) 2) We lay solid ground rules upfront so everyone is on the same page, like no drugs, late night partying, loud music, locking up common areas, security, etc. 3) At the same time we like to be friendly, personable and be flexible on things that we can accommodate.
Catherine Maria
Considering a 20% rental increase
21 October 2022 | 13 replies
If you're in Los Angeles the rules are very strict and favorable for the tenant.
Peter Morgan
Keep getting lot of Section 8 inquries, Worth it?
2 November 2022 | 13 replies
I agree with the advice given here, and I cannot stress ENOUGH how having strict screening in place/HIGH tenant standards will help you avoid this demographic.Also make sure you've set the rent accordingly for your Class A property.
Katrina Sokolosky
House Hack finance Question
28 October 2022 | 20 replies
They may also think you are buying strictly an investment vs an actual residence which is what your lender talked about.
Kenzie McIlvoy
Is there a need to do a 1031 if we’ve lived in the property?
19 October 2022 | 1 reply
We also wouldn’t have to deal with strict deadlines.
Alex Petsopoulos
Old Town Alexandria House Hacking (near Washington D.C.)
28 October 2022 | 6 replies
All condos will have an HOA, and there can be laws around what % of the homeowners are allowed to rent out their units, and there's usually very strict laws in place to keep condos from becoming STR hubs.