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20 January 2025 | 22 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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28 January 2025 | 22 replies
This way, you can easily revisit details and pick up right where you left off.Avoid cutting corners to save money, as it often costs more in the end.
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18 February 2025 | 12 replies
But if you buy the property well, your downside risk is that it is short term rentals don't work, and you can simply sell it for hopefully no less than what you paid.That would be my mindset.
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8 February 2025 | 7 replies
I use this type of system in a ten unit that I own because the cost to submeter each one was cost prohibitive I usually don’t include other items like wifi/internet unless it’s a furnished/short term rental.
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13 February 2025 | 3 replies
The smaller one is a great mid term rental right now.
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1 February 2025 | 2 replies
I wouldn’t want to hold the loan for too long, so ideally it would be a 5 year term, presumably ballon payment at the end.
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9 January 2025 | 4 replies
Does anyone have any experience with furnished mid term rentals?
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31 January 2025 | 2 replies
Nashville is a fantastic market with strong rental demand and long-term growth potential.
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8 February 2025 | 12 replies
You may also avoid the seasoning requirement on a rate and term refinance.
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9 February 2025 | 4 replies
It's not over until the end of their lease term, or the rerenting of their unit earlier, or the remaining tenant agreeing to accept 100% responsibility for the unit.