All Forum Posts by: Mike Dmuchoski

 The MTRs are furnished so we’re providing more of an all-inclusive service (similar to STRs). 

@Hughston Thackham

For LTRs, the tenants will mostly pay the utilities. However for MTRs, we typically pay for utilities with the caveat of a monthly cap. It’s meant as a deterrent so the tenant is more conscious of the energy they use.

Additionally, if working with condos or townhomes, some utilities are included through the HOA fees.

Using investor-approved loan assumptions, we make long term rentals a reality again in Phoenix.  Avoid the risk of taking on a sub-to deal. Enjoy cash flow today plus the upside of appreciation tomorrow. Reach out, I'm here to help!

Jeremy, if you still need them, shoot me a DM and I can offer a few referrals. 

That doesn't sound right!  DM me and I can offer a local referral.

STRs are saturated here and failed STRs are starting to saturate the MTR space.  With continued population growth and industry, LTRs are great for the long play but can be difficult to cash flow.   

We've had good luck with co-signers but we're generally doing it for MTRs.  We find that mom and dad are making sure their kid is paying since they're on the hook too.  To me, it's a good sign that mom reached out directly so she isn't taken by surprise later.  

Welcome Miciah! You could go FHA and live in the home for a year before renting it out.

Through loan assumptions, we're helping investors close long term rentals in Phoenix, AZ at "yester-year's" interest rates.  Avoid the risk of taking on a sub-to deal.  Enjoy cash flow today plus the upside of appreciation tomorrow.  Reach out, I'm here to help!  

@Amanda Nelson

Hi Amanda, it's true that an investor can assume a VA loan. It takes some patience and perseverance but with the right team, it does work. We do them here in Phoenix market.