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31 December 2024 | 49 replies
As I am seeing 1.2 or 1.4 million 2 family house and not sure if its even going to cover the mortgage or not with 25% done.
21 December 2024 | 18 replies
A good rule of thumb is to keep 3-6 months of operating expenses in your rental account as a cushion.Once you’ve got that covered, you can start investing the excess.
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23 December 2024 | 1 reply
I am currently house-hacking in a new property where the rental revenue is able to cover the full mortgage and then some.
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29 December 2024 | 16 replies
So in reality our MTR rent -- especially in the off season -- pretty much covers the utilities, furnishings deprecation, and another hundred bucks or so, at least in the off-season.
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23 December 2024 | 11 replies
Hi @Calvin RappardI think the other contributors covered the issue with screening tenants prior to renewing the lease.
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23 December 2024 | 3 replies
As I am seeing 1.2 or 1.4 million 2 family house and not sure if its even going to cover the mortgage or not with 25% done.
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23 December 2024 | 3 replies
I'd love to have a small line of credit on the property before the end of the year to cover any other repairs or upgrades that will need to go into the property.
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25 December 2024 | 22 replies
I get an insurance policy for each guest so if they break anything, I feel covered.
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14 January 2025 | 329 replies
I own several hundred rental units in other states, otherwise I'd join you in helping cover the costs.
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24 December 2024 | 17 replies
The property may not have any vacancies, but if it does, just make sure you have enough reserves to cover that.