Covid changed a few things though...tenants didn't have to pay their rent for numerous months. They collected cerb but didn't pay rent. Landlords with mortgages were screwed if they couldn't make the mortgage payments how can this be prevented in the future. ?
Been doing this for the past 6 years, currently on my 4th home with 20+ rooms. Great cash flow I also have a free app that helps DIY landlords manage their household/room rentals
Renting out a house with roomates now, if anyone has any updated information on the possibility of using boarder income , please share ! It would be greatly appreciated and could be a game changer for myself and i am sure for others
I personally think your best option is finding someone that can seller finance, otherwise it will be hard to find a lender and if you do most likely it will be a very high interest rate due to the high risk.
Hello Guys! Love you program. I am looking into house hack myself but, the question that I have is the following. For the purpose of house hack by renting room or Purchasing units like duplexes or triplexes...Can you build them in a area where there is not to many option, or the option available are little to old properties? Thanks!
1-4 units is typically considered residential so you’d be good as long as the area you want to build in is zoned for residential. I’d always call the county or city planning department to confirm before purchasing.
Covid changed a few things though...tenants didn't have to pay their rent for numerous months. They collected cerb but didn't pay rent. Landlords with mortgages were screwed if they couldn't make the mortgage payments how can this be prevented in the future. ?
Ashley I hope you are feeling better now. I have been watch your knee story with all the amazing housing advice.
Garage conversions are definitely worth it in areas where average home prices start at $900K. 😭
Worried about that knee. Have a serious conversation with the kids.
credit score , job history, pay bills on time , did they pay rent over the last 2 yrs ? car payment s , are they living pay check to pay check ?
Yeah I’m looking at a niche for my first property too. I was wondering if any landlords did the same
love this guy! thanks for the episode, very inspiring. and dang Ashley, you look amazing.
Great video!
Been doing this for the past 6 years, currently on my 4th home with 20+ rooms. Great cash flow
I also have a free app that helps DIY landlords manage their household/room rentals
Whats the app?
Garage conversions add a lot of value. I have sold a lot of properties to clients that do garage conversions and get a great return on them.
Love this episode!!!
Banks are being super cautious now...they don't want foreclosure
I'm still confused on the every 5 years part?
Renting out a house with roomates now, if anyone has any updated information on the possibility of using boarder income , please share ! It would be greatly appreciated and could be a game changer for myself and i am sure for others
I personally think your best option is finding someone that can seller finance, otherwise it will be hard to find a lender and if you do most likely it will be a very high interest rate due to the high risk.
Hello Guys!
Love you program. I am looking into house hack myself but, the question that I have is the following. For the purpose of house hack by renting room or Purchasing units like duplexes or triplexes...Can you build them in a area where there is not to many option, or the option available are little to old properties?
Thanks!
1-4 units is typically considered residential so you’d be good as long as the area you want to build in is zoned for residential. I’d always call the county or city planning department to confirm before purchasing.
@@RJG86X Thanks for replying to me!
Good Stuff Craig
Congrats Tony
Thanks guys!
Prayers Ashley
His first hack was definitely hardcore, Like selling your plasma to make money.