All Forum Posts by: Janeen Archer

I have a condo that will cash flow $1100 per month. However to rent a one bedroom apartment would cost me $1500 per month or more. My mortgage with HOA fees is $1050 per month. So part of my cash flow would cover the additional money spent on rent. I will end up with over $600 per month cash flow but I would still be spending $1500 per month on rent does this make sense? There's a rental cap here and I want to make sure I secure a spot before it is full. The hot Seattle market will make it difficult for me to find anything in my price range to buy down the road. Unless I can find something I can split into two units and rent one of those out. What would you do??

I'm venturing into the furnished corp rental world and need a little advice. I've lived in my condo for 7 years and even as an unfurnished rental it could cashflow about $1000 per month, but as a furnished corp rental I could easily cashflow double that. I'm wondering if I need a business licence and if finding 6-12 months leases on a site like https://www.corporatehousingbyowner.com/ is difficult or if I'm likely to be booked most of the time. Also what other considerations I should weigh. I haven't pulled the trigger yet and could easily just do an unfurnished rental. Thanks!

I fixed the problem with the podcast by deleting it and downloading it again. The 1st one that I was having trouble with was the video podcast. The 2nd one I downloaded was just audio and I haven't had a problem since.

I've been having trouble with the bigger pockets podcast. They will be playing and then suddenly stop and I can't get it to start back up again. Have you had this issue or is it just me?

I was just told by a real estate agent friend of mine that starting this year you can no longer get financing for investment properties beyond your 4th rental from Fannie and Freddie. Is this true?