All Forum Posts by: Conner Olsen

Right now, I'm pending a duplex for a client: 3241 N College Ave. I cannot reveal the contracted price as that's not allowed but asking price was $410,000. Mortgage is around $2500 when you factor in taxes / insurance / some seller help with paying down some costs. The rent for the tenanted side will be $1500. 

All in all, he's looking at a live-in monthly cost of around $1000 to live in half the side of a large $410k duplex in Indianapolis. 

I still get people telling me, "House hacking won't work now." But my response is, reducing your housing payment, while still paying down the mortgage and receiving appreciation IS the win. 

My question is, would you do this deal as a first time investor? Do you think house hacking is viable in this market? 

Franklin County is doing a mass re-appraisal process for property taxes in 2023. The county gives you the opportunity to dispute the initial values before distributing the updated tax amount. Has anybody had experience disputing the property values in prior years and if so, what would you recommend doing to make a strong case that the value should be lower?

I'm a rookie, so please be kind!

I have a medium term rental ( 3 month minimum as required by my HOA) I'm right next to a Level I and Level II hospital and I have my first pair of traveling nurses moving in at the end of the week, YAY! I have landlord insurance and after discussions with my agent, I believe I have the appropriate coverage for owning the unit and being a landlord.

On my check list that I provided them, they said no other rental requires them to provide renters insurance, what is your guys experience with requiring renters insurance of tenants who stay for 3-9 months?  They got coverage and sent me a screen shot of it and that it's active, but how do I know that they aren't going to turn around and cancel it?

Hey all,

I am newly moved to Austin, Texas, after 8 years living in New York. I am also from Australia, so I have been bouncing around!

Long time listener to the BP podcasts and just bought my first quadplex in San Antonio to kick off my investing journey. Im already keen to start looking for my next property and meet anyone in the area of Austin and San Antonio doing similar things.

Let me know if you are in a similar position or have any tips for me!

Hey all--I know I've been MIA from the MTR forums; I had to take a few minutes to pop out some twins, and my free time is pretty limited because of said twins. But I did finally finish rehabbing and furnishing my first MTR! I'd love some feedback on my listings since I'm operating on so little sleep. I'm sure there are some errors and areas for improvement. Thanks so much!

https://www.furnishedfinder.com/property/568146_1

https://www.airbnb.com/rooms/956765618098119236?guests=1&adults=1&s=67&unique_share_id=06d87f2d-ee4e-40e4-9228-60217f248946

We've done very well catering to travel nurses via MTR's the last few years.  

Hello All,

I've been searching in Northern VA for some time now to find a property as a primary residence to rent out as an MTR during my own travels. If you're from the area you know NoVA isn't the easiest place to traditionally buy.

I have a storage unit full of good-quality furniture that I'd love to make use of (and save on that monthly bill). I've been aware of the concept of AirBnB Arbitrage and recently put 2-and-2 together that arbitrage should work with a MTR as well.

Happy to hear any thoughts and stories on the strategy!