Due to rent control laws and the difficulty of buying a vacant multi-family I am considering buying a house zoned for a multi-family. The only way any multi-family in LA could fit the 50% rule is by building a multi-f...
Hey everyone,
As 2024 comes to a close, I wanted to share my experience managing a 3-flat in the Ravenswood neighborhood of Chicago during my first year as a landlord. It’s been a wild ride—full of challenges, lesson...
Is it possible to House Hack a 10+ unit apartment?
Hey all, I recently had a showing of a legal 2 family house, soon learning that the basement unit was rented out illegally. My question is, what incentive did the previous owner have in not making it a legal 3 family ...
Hi all,I am hopefully, very soon, going to be a first time investor using the house hacking strategy. For the past year, I have been educating myself using books, forums, podcasts, networking etc. With that said, I wa...
Hello - I am a new REI and wanted to gauge the thoughts of some of you folks who have been in my shoes before. As some background, I am a semi-recent college grad (class of 2014) and have spent the last few years work...
I have a rental that has been, a little money pit. I want to sell it. What do you think? I know the market sucks (in Arizona)right now, but the cost of this rental is hurting me. I have other rentals doing much be...
I know that the numbers aren't yet staggering, but is this trend of concern to you? With the State's financial condition worsening, do you think that there should be cause for alarm, or caution in investing going for...
I currently own a vacation rental in Port Charlotte, FL. My main reason for renting it through AirBnB and HomeAway is to pay for expenses so that we can use the home also. We have done well our first 6 months with ren...
Background: I'm looking to purchase a 2-4 unit using FHA (and with this specific deal 203k) to begin my process of becoming a real estate investor by at least living for free with a little extra. The home in question ...