I finally read The E-Myth by Michael Gerber which comes up almost as often as the suggestion of Rich Dad, Poor Dad. I must admit, this book qualifies as "best selling", but not "best written". However, the idea of "...
Anyone have any experience with renting out a top/bottom duplex to 2 different tenants?I'm looking for some help with the following questions to put into an agreement:How to deal with excess noise from either tenant w...
Hi everyone,We are buying a 2bd/2ba villa in Pawleys Island. We have another 1bd/ba in that same area and have seen that this is an area favorited by families.The current setup in the new house is a Queen in each bedr...
My wife and I are looking to buy a duplex/house that we can house hack in the next 6 or so months. Does anyone have advice for house hacking as far as areas to look for properties or ways to find tenants in the Salt L...
If I had to do it all over again, I would have gotten an FHA loan for a 4plex in the early 2000s instead of buying a SFR with a 95% loan. I thought I was smart because I bought the house expecting to turn it into a re...
Hi all! Hoping for some advice here.I purchased my first 2 unit Oct 22 and currently occupy the 1st unit duplex as my primary home. In November I submitted my shared-housing application to Chicago’s BACP, with the hop...
Hi Experts!My PM is making ready one of our 16 units and came to me with the wood veneer flooring, saying it's cheaper and durable. I did some research and found most people say wood veneer scratches easily and can on...
I wanted to share my annual expenses because I had to do a lot of guesstimates before I bought my duplex. I swear when I asked some investors their expenses they acted like they had amnesia. Since I have over a yea...
Saw this from a Realtor in the area:Understand a large portion of this market is STR's. The market is on the move with a median sold price of $576,500 and a 5.41 Months Supply of inventory. ______________________First...
Hi all,I know there have been dozens of posts re: LLCs but I'm having a hard time nailing down specifics. I understand I should consult an attorney and CPA for the nitty gritty, but can someone please walk me through ...