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14 February 2025 | 5 replies
It is a duplex near scranton PA. the Mortgage is about $2,400 and each tenant pays $1,550 monthly in rent so I make about $700 in cash flow monthly.
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28 January 2025 | 2 replies
I would stay away from section 8, pull credit and background, and call referrals, and look at pay stubs for everyone who applies.
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17 February 2025 | 15 replies
If it pays for itself, it provides you with a "free" place to live during the off-season.
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30 January 2025 | 3 replies
Then she still only makes 2% extra for taking the risk of you not paying versus a bank.
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9 February 2025 | 6 replies
Pay your attorney and your CPA for a customized advice.
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26 January 2025 | 15 replies
I use all the rental cash flow to pay these loans off asap, then repeat.
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14 February 2025 | 6 replies
Unless new companies create replacement jobs, the only remaining positions will be lower-paying service sector jobs.
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22 February 2025 | 29 replies
You really don't need that LLC until you pay off the property and it's questionable if you need it then as long as you maintain your property and have correct insurance.Yes to wind insurance, not sure about hurricane.I use Foremost STR policy for one property.I am about to switch to USAA (retired Navy) for another because they quoted a policy that was 3k lower than what we have.
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7 January 2025 | 13 replies
Google for a Service Agent who does Evictions and pay to get them out.
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30 January 2025 | 4 replies
I was studying the market and my rent will be just enough to cover the mortgage and HOA fee now I might to pay out of pocket for insurance but don't want to sell it yet because the area is growing and might have good appreciation in the years that follow.