The Official Homeowners Thread

[hashmander]

I've started saving for a downpayment. What is the best way to save? I read a couple articles that say you should just leave the money in a high yields savings and not invest but I did the math and I would only earn around $3500 in interest over the course of 5 years at 1.9 APY. Some people have said to invest the money or do a CD ladder. What did you guys personally do to save?

if your avi is you and your partner/husband then what about a VA loan? those don't have PMIs and don't require a down payment.

 

[Black Cher]

if your avi is you and your partner/husband then what about a VA loan? those don't have PMIs and don't require a down payment.

I'm just the side chick unfortunately

 

[MMA]

Installing solar panel 2nd week of October - I use a lot of power due to several computers/servers running in my house and cryptocurrency mining.

Anything I should know about maintenance etc?

 

[boxfullofjoel]

Just sold my 3 unit rental in 36 hours . That Boston market is . Decided I didn't want to be a landlord no more and need to focus on my business. T

 

[Azul]

Just sold my 3 unit rental in 36 hours . That Boston market is . Decided I didn't want to be a landlord no more and need to focus on my business. T

Good shyt! Congrats.

I'm leaning towards selling my co-op. Fat b*stard above me is making me realize I just want my own space...own backyard n' shyt. I wanna holla at a multi-family.

 

[boxfullofjoel]

Multi made alot of sense for me. The key is to find a 3 unit. The prices wont be that much more than a 2 unit and you still use a standard mortgage. The extra unit no matter the size real improves income numbers.

Also if you can find one near a college/university you can make a killing with college kids . they don't complain you can get their parents on the lease so payments is never a problem.

Good luck!

 

[MMA]

Multi made alot of sense for me. The key is to find a 3 unit. The prices wont be that much more than a 2 unit and you still use a standard mortgage. The extra unit no matter the size real improves income numbers.

Also if you can find one near a college/university you can make a killing with college kids . they don't complain you can get their parents on the lease so payments is never a problem.

Good luck!

This is my exact rule book

College is a killing especially with smaller school's.

 

[phcitywarrior]

Anyone in here got a rental property on AirBnb? I just listed one of our properties.

What should I look out for, just got a reservation coming in 2 weeks.

 

[Azul]

Multi made alot of sense for me. The key is to find a 3 unit. The prices wont be that much more than a 2 unit and you still use a standard mortgage. The extra unit no matter the size real improves income numbers.

Also if you can find one near a college/university you can make a killing with college kids . they don't complain you can get their parents on the lease so payments is never a problem.

Good luck!

That is my goal for my future investment properties

I wanna find a multi myself...only issues are the prices in the NYC metro area and the tenant laws here

 

[MMA]

That is my goal for my future investment properties

I wanna find a multi myself...only issues are the prices in the NYC metro area and the tenant laws here

do some traveling

New Jersey is filled with multi units so is Philadelphia

 

[Azul]

do some traveling

New Jersey is filled with multi units so is Philadelphia

Tell a woman who has been to almost four dozen countries to "do some traveling" brehs

You think I don't know that? I work in NYC. I don't want that kind of commute (anything past Newark Penn Station).

 

[MMA]

Tell a woman who has been to almost four dozen countries to "do some traveling" brehs

You think I don't know that? I work in NYC. I don't want that kind of commute (anything past Newark Penn Station).

woow so hostile
48 countries well look at you doing your thing

I meant finding a multi-unit property outside of new york. This quote of yours (below) is why I assumed you were looking to buy a place where you wouldn't live at with tenants.

You can find an entire block in Philly for the cost of some multi units in the city

I tried to simply buying a bodega, those new york prices should be illegal, fukk new york real estate.

Good shyt! Congrats.

I'm leaning towards selling my co-op. Fat b*stard above me is making me realize I just want my own space...own backyard n' shyt. I wanna holla at a multi-family.

 

[Family Lives Matter]

Any homeworkers here what's your desk set up and most importantly what chair you using?

 

[levitate]

Got the house...

 

[OfTheCross]

Got the house...

Damn, b. No pics? No price? No specs? No location?

Congrats tho!