A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants/higher rents & reduced management expenses Tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property.

A lot of the time, the HML 2nd secured by the high equity primary residence would end up getting paid off in short order with via a HELOC, so there'd have to be points in it upfront for the HML for it to make sense.

If it's not included in the rent, many companies charge a flat fee to monitor & pay utilities.2) Assuming you're referring to resident benefit packages, renters insurance, and other charges for services the PMC offers to tenants. 

Hello everyone,I'm currently in the process of buying my primary residence, and I could use some advice.

If you can't convert the whole place to a LTR, then let it go and find another place.Having said that, is the place split into 2 legal residences?

Magnolia's tv network just launched in February, so Waco is only going to become more well known and with that comes tourists, businesses, and eventually new residents. 

Also, in these times of Pandemic, some times the only way you can deadbeat resident out is once their lease expires. 

I would ensure you have enough saved in reserves to handle down months, furnishing and decorating the entire house, closing costs, etc.

The rep also pushed that anyone in the program would be invited to Kris' personal residence in Utah and talk to him in person in a real estate meet up.

Investment Info:Single-family residence buy & hold investment.6 unit PadSplit What made you interested in investing in this type of deal?