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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 "...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...