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26 April 2024 | 44 replies
I am very happy with the results and encourage anyone to pursue this as another form of income stream.
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24 April 2024 | 7 replies
I would think of this problem differently: I might encourage them to explore ADUs... this would give them an additional stream of income and would likely only require a relatively small chunk of money in their savings (relative to the total cost).If they could partner with someone that has experience building and/or flipping (to qualify for the construction loan), then cash them out with a 30-yr DSCR loan (and use that as the builder's profit), then they could rent the property and enjoy the cash-flow.
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24 April 2024 | 3 replies
Constant flow of tenants if one leaves and safe.
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24 April 2024 | 5 replies
Additionally, rental payments from CMHA are typically guaranteed, providing a reliable and steady income stream for landlords.However, it's important to consider the potential downsides as well.
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23 April 2024 | 2 replies
You may add income streams to the home by offering internet and tenants insurance, for instance.
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23 April 2024 | 7 replies
Additionally, the goal of providing a consistent face to your tenants and stream lining your expenses is not affected by the entity that you use.
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23 April 2024 | 4 replies
Ultimately our main goal build a portfolio of multiple different types of investment properties, buy and holds, rental properties, and fix/flips; but the wholesaling side of real estate seems like an attractive venture as we are just starting with little capital and it could provide us with a revenue stream to become a cash buyer.
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23 April 2024 | 11 replies
When you say long term game, I will keep the gas stations (it will take long to completely wipe out gas phase) with a potential to stream into multiple different source of income.
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24 April 2024 | 15 replies
The city's strong rental market ensures a steady income stream and with affordability and a median home price below the national average, the city stands out as an attractive option for investors seeking a promising return.
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23 April 2024 | 7 replies
The numbers get tight as soon as you get some vacancy over the years.Your idea is to grow your portfolio taking cash out of your 2 properties so that you can buy two more to balance and have better cash flow.This is how I would look at it:- Properties are constantly in red, if a few vacancies are causing you to get in red you are not building your reserve fund.- To expand your portfolio you have to think on doing self-property management, or refinancing to get more properties won't resolve the issue and add more problems.