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We are renovating a home to house hack, we live upstairs and there is a full apartment with private entrance in the basement. The exterior needs maintenance such as replacing (terribly) peeling paint, fixing cracks in...
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Hi BP, I have identified an up & coming submarket near my hometown with a clear increase in rental demand along with quite a few 2-4 unit multifamily properties with plenty of value add potential. The issue I am r...
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Price 1% rule =desired rent230,0000.012300 Des Moines, IA 50313price 230,000closing co 2600monhrent 2,200.00house hacking duplexrepairs2000cosmetictotal cost236,935 Loans price 230,000Down % |downpay115005%FH...
Hello All,I just joined the wonderful world of being a multi-family property owner. In a time where work is never a sure thing I couldn't justify buying a single family home. If I had, and I was laid off I'd have a ...
To the licensed real estate professionals, what are the advantages of having a license while investing? (Feel free to tell me about the disadvantages too if you have a moment lol)
I own a condo in an 8 unit building that is paid off and is valued at about $55K. I am running into issues getting any money out of it as I can’t do a mortgage or refinance on the condo, or that is what I am being tol...
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In addition to property management, I do hourly work for a rehabber. Would it be better for them to send a 1099 to my property management LLC or to my personal name? Both are justifiable since I end up managing the ho...
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I'm looking at a rental property that is a multi-family duplex with a total of 4 beds and 2 baths built in 2012. One of the problems with this property is that it is located right next to some train tracks. Will that ...
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Newbie investor, living in Raleigh NC.Bought my first rental SFH towards end of last year.Would like to take another step and increase the portfolio, looking for multifamily rentals.As far as the little knowledge that...
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I'm under contract on my first single family primary residence that I will be renting by the room! The market is at around $550/room per month for the area, but was thinking of charging a premium closer to $700/room. ...