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Replying to @juliusmarchi
fha househack. I think I was in about 5k and a couple more grand on materials along with a couple months of work.
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Depends on where you live. But I'll go 50-50 down-payment and invest. If you arent married or have kids, invest it all. No point of a 2 bd home hard to sale and 3bd home with no one in it. Now if you perfer to househack maybe go 3bd but for flexible rent and invest.
I’m 31 with $100k saved. I can put it toward a house down payment, or invest it and keep renting. What would you do?
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5 acres in Lakeside. 2 fully remodeled homes. Off-road access. Solar. Your neighbors? Horses and peacocks. This property exists and it won’t last. Call or text 619-818-2992. #LakesideCA #RealEstate #CountryLiving #Peacocks #HouseHack
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Replying to @Scottpk82
Gotta finish the job at HouseHack first!
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Let’s help families househack , Kaz! More families could afford these homes if they also had an extra income stream! (Whenever you need the PR language to pivot, I gotchyu!)
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裁判に進展があって、2年経ってようやくクロージングの目処が見え始めてきたと思ったら、別の魅力的な物件がいきなり出てきて目移り。 価格は43%高いんだけど、物件のスペックもHousehackのポテンシャルも高くて結構ワクワクする。 オファー通って欲しいな
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Cutting back on that $14 slice of avocado toast is not going to make a significant difference in your finances. Once a week, that'll save you $728 a year. But downsizing your home to save $1,500 a month -- and staying there for 5 years -- will save you $90,000. Use it for a 15% downpayment on a househack 4-plex; start cash flowing from Day One; collect equity gains over the 5 years; then refi to buy another. That's how you move the needle.
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An ADU can be more cost effective than buying out of State – We build them! Hello all LA residents! I get in touch with a lot of CA investors who look elsewhere for cashflow and solid returns because they cannot maximize their profits in their area (CA/LA/SD). Currently LA county is highly promoting ADU’s and it can actually be a better investment than trying to search out of state. Prospective investors reach out to me looking to spend around 150-200k on a deal in the Philadelphia area to get cash flow. What they fail to realize is that the deals they will find in this price range are often in Class D areas, section 8 rentals, and lack any solid appreciation. Not only do they have to manage this type of building out of state in hopes of higher cash on cash return, but they put themselves in a risky investment on the other side of the country. Renting out a building for 1500-1800/m that costs around 150-200k with some rehab seems like a decent investment for a CA resident, but I can assure you, that after management, expenses, maintenance, evictions, repairs, and other risks that come with class D investment – you are not walking away with much – in fact you are likely buying a headache. In LA county ADU’s can rent anywhere from 1600-2400/m depending on the size of the building and particular area (typically 1 bed style). My partner and I build these ADUs at an effective cost (under 200k – including labor and materials – 450 sqft or so) and with a timeline around 3 months or so. Wouldn’t it be better to invest in an ADU for under 200k and get anywhere from 1600-2400/m in rent in your own backyard than trying to invest in Section 8 rentals out of state and do a rehab for them? If you’re able to build on your lot it the returns far outweigh out of state investing. You can hit the 1% rule investing in CA… This strategy is also perfect for someone looking for a househack to offset their mortgage in high priced CA Reach out if interested in receiving a quote or learning more
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Happy #FridayHouseHack! 🏠 What if your home could PAY for itself? Buy a duplex in Warner Robins → live in one unit, rent the other → let rent cover your mortgage! DM "HACK" — Angelica Moyer, Loyal Home Realty #HouseHack #WarnerRobins #LoyalHomeRealty #RealEstateInvesting
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Want to know how to turn your personal home into an asset versus a liability? Househack it. Generate some form of income either renting out the other units/rooms/short term rental. Why house hacking makes sense in the right location? Airbnb is all about seasonality, location and value provided. During this last Jazz Fest, the results speak for themselves.
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House hacking is a game-changer in Warner Robins! 🏠💰 Buy a duplex, live in one unit, rent the other. Your tenant pays your mortgage! Let's make it happen - Angelica Moyer #HouseHack #RealEstate #LoyalHomeRealty
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Replying to @J_offtheRocker
That's not true at all - Live at home - Rent with roommates - Buy with roommates - Househack a duplex, 3 or 4 unit There's plenty of options if you're not busy complaining online
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🚨 New Akron Multifamily Listing 🚨 📍1224 Pondview Ave Akron, OH 💰 $199,000 4-unit property with four oversized 1BR/1BA units. Move-in ready units, all furnaces replaced in 2022, vinyl siding/windows, and proforma rents near $3,000/month. ✔️ Near East End Redevelopment ✔️ Minutes to Downtown University of Akron ✔️ Strong cash flow potential ✔️ House hack or long-term hold Deals under $200k that can still flirt with the 1% rule are getting harder to find than a Browns quarterback jersey that ages well. DM for details. #RealEstateInvesting #Akron #Multifamily #CashFlow #HouseHack
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Replying to @IndexAndForget
Househack Save for a property. Live in one room. Rent out the others Let someone else pay your mortgage Since part of your house is technically a business, you can deduct partial utilities, property taxes, insurance, lawn care, HOA, etc. things you would've paid for anyway Use the savings to invest. This is what I did in my 20s and it set me up for life financially.
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Want to househack? i can help you. All my contact info is in my bio.
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Replying to @Jacob_Naviaux
The real thing to do while young is to househack.
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The Airbnb househack is the gift that keeps on giving. It takes hard work but worth it. The key is to reduce and minimize your largest monthly expense, typically housing so you can invest the difference. 5 ⭐️
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