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13 January 2025 | 4 replies
Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).
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19 January 2025 | 2 replies
I would like to build a duplex on it for long term rental income.
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25 January 2025 | 29 replies
@Ricky R. welcome and congrats on getting started on MF.
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20 January 2025 | 12 replies
Best of luck on your real estate future, it's been a fun adventure for me!
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21 January 2025 | 3 replies
But in general, your biggest risks are not necessarily what's the maximum rent you can get, but can you find a reliable tenant that will always pay and pay on-time.
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3 February 2025 | 26 replies
I also don't see any NMLS licensing posted on your personal website, company page, or even your signature line.
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19 January 2025 | 5 replies
There is currently not a mortgage on the property, but due to the s-corp ownership, refinancing is not going as easily as I'd hoped.
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24 January 2025 | 5 replies
Although I've considered a future line of credit against the property as my best long term option, I would need to pay down the remaining balance first.
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25 January 2025 | 15 replies
I'd also add to that that you are paying a 20% withholding tax on gross rental income.
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17 January 2025 | 3 replies
You can simply request a separate check for the $100 increase to bring the total deposit in line with the new rent amount.