12 July 2024 | 5 replies
Essentially, each property owner has two accounts, one in USD for rental income, property management transactions, and commission paid to me, now the other account is in a foreign currency and deals mostly with the rental expenses and transfers from their USD account to cover these expenses.Any suggestions would be greatly appreciated!

12 July 2024 | 11 replies
Essentially delaying the eviction and costing us additionally vacancy.

12 July 2024 | 5 replies
Hi Nina.If I were not experienced in land lording and property manager, I would look personally to the extent you want to learn or experience property management versus hiring someone else that you trust to do the job.Yes, the cost for a property manager is important but not essential- the cost between property managers are not double or triple the cost of others (say like attorneys in some areas of law or cars).

19 July 2024 | 100 replies
So it essentially increases the cost to the buyers by 2%?

14 July 2024 | 16 replies
In one case I converted the detached garage of a SFH into a legal ADU essentially converting it into a duplex.

11 July 2024 | 0 replies
Flipping houses can be profitable, but it's essential to understand the tax implications:1.

12 July 2024 | 10 replies
Rent $2,600/month as MTR Vac (5%) -$130 Main. (5%) -$130 Insurance $97Cap Ex (10%) -$260 Taxes $240Utilities -$175 NOI $1,905 PITI+PMI= $3,846Net Income as HH (aka our cost per month)= $1,905 - $3,846 = -$1,941 My wife and I essentially split $1,941/month to live in our duplex in one of our favorite neighborhoods.So you may ask, "What about your ROI?!"

11 July 2024 | 1 reply
However, it's essential to work with a knowledgeable lender and ensure the property meets VA requirements.

12 July 2024 | 7 replies
It's essentially a second mortgage.

11 July 2024 | 4 replies
It's essential to educate yourself in property management and tenant relations so it would be a smooth stream.