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17 February 2025 | 10 replies
I have not done it personally but have some insight, maybe my reply may boost your post to someone with more experience in it.
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25 January 2025 | 2 replies
See the fact that mortgage rates are up about 1% from Oct when the fed started to cut the fed funds overnight rate as evidence.
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17 February 2025 | 15 replies
It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick
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7 February 2025 | 2 replies
Shadow/mentor a person doing it.
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28 January 2025 | 6 replies
A second mortgage or HELOC might allow you to unlock some funds without losing the 3.25% rate.- I recommend avoiding condos.
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23 January 2025 | 10 replies
Is it their credit score, their track record with loans, or the investment they’re trying to fund?
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24 February 2025 | 11 replies
With all of that being said, I am excited to continue to learn and hopefully get to know many of you on a personal level as we learn and grow together!
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4 February 2025 | 3 replies
A landlord policy can be a commercial policy or a personal lines policy.It's the same as asking if you should buy a single family rental or a 1 unit building.Focus on the coverages and disregard the name of the policy.
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24 February 2025 | 11 replies
Instead of "moving" it, you just "leave it there" for the next person.