Jake Oakes
Escrow Shortage - Mortgage Increase of $600/mo. No longer cashflows !
I recently moved out of my first house hack which was a duplex. I bought it turn key from a flipper almost 2 years ago. I moved into a single family home with my fiancé we plan to live and flip or BRRR it.. Recently m...
Matt Stricklen
Rent increases in the news
Several of us here have said rents will have to jump, and here it comes.Anecdotal reports from KXAN of increases in the 40% range.https://www.kxan.com/investiga...
William Hull
Freddie Mac: Renters say they expect to stay where they are
Americans are increasingly favoring renting over home ownership according to the most recently conducted Freddie Mac renter survey. Furthermore, the survey takers responded that they do not see the current market clim...
David Yee
How much should my ADU increase the value of my property
Hello! I currently live in a 1,000 sq ft home on a 7,000 sq ft lot in San Diego county. I am building a 1,000 sq. ft ADU in my backyard. The appraiser from the bank lending me the money for the project said my home wo...
Michael Akinyemi
First Investment Property
Investment Info:
Condo buy & hold investment in Alexandria.
Purchase price: $363,100
Cash invested: $24,468
House hacking living for close to free. But when after a year this will net $700 a mont...
George Ganis
Impact of inflation
I would like help thinking through the impact inflation will have on my buy and hold returns, specifically when financing with an adjustable rate mortgage.I am thinking about bundling some SFRs into one package and re...
Tyler Rowland
"Shouldn't Landlords Feel Guilty about raising rent?"
I was talking about Real Estate Investing with some people at Home Show event, and as I was talking about getting rents up to market rates. A lady in the conversation asked me if I felt guilty about that (raising rent...
Tim Holt
House Hacking in Rhode Island
Hello! I am a new investor looking to purchase my first property in the Rhode Island/Bristol County, MA area. I have built up enough savings to purchase a multifamily property with an FHA (3.5% down) loan or Fannie ma...
Lucas Duce
Making a small living room even smaller?
I am currently analyzing a potential duplex for purchase and I had a quick question about adding an extra bedroom and the extra rent that doing so could generate. One of the units is a 2bd/1bath with an interesting l...
Bruce Shiba
New lease agreements and increasing rent
Context: House hacking with an owner occupied single family dwelling. One of my tenants lease will be up in June 15. Currently, month to month rent is the default option after the lease expires. I'm wondering if a) I ...