It is very common for my tenants to drag their heels on responding, but we send reminders and contact them before the deadline.

Hello, I'm new to real estate investing but took the leap and bought a duplex where I occupy one unit and rent out the other unit. While living in one unit of the property, the tenant pays $1500, and the PITI is $2100...

Electric can also spike in the summer with A/C.

On the heels of your guidance, I dug into this deeper and fortunately no rules of first contact apply (which is a relief given the relatively brief and informal nature of my inquiries about the property).

I had guests in the house for all of Feb and saw a huge spike in my gas bill this month.

Originally purchased as single family home conversion but pivoted to rentals during the building material spike of 2021.

However with the rates spiking I’ll be breaking even after the cash out refi, then again I’ll have about 150k in cash to deploy to more deals and get a much better return on my money.

Rates have been moving up quickly in the last few months, but they have not spiked that much this week.

Electric can also spike in the summer with A/C.

The Non-QM DSCR loans that are being quoted at 7% will soon be 8%+ as the 10 year treasury yield continues to spike and the feds continue to sell of there lot of mortgage backed securities.