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4 January 2025 | 4 replies
If you care and it bothers you, raise their rent another $500/mo for the hassle.
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3 January 2025 | 4 replies
We rent to plenty of S8 applicants; I've always believed the standard of care they exude is as high if not higher than "market" applicants because they'll get kicked out of the program if they don't.
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11 January 2025 | 12 replies
But also with low debt or free and clear property that they can easily access any time in the future with a cash out refinance.Thanks Dave-I'm reading one of your books now.
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6 January 2025 | 3 replies
I have read some articles that say assessments are up about 20 % .
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6 January 2025 | 5 replies
Confirm with the solar company if the loan is transferable and review terms carefully—it’s a potential hurdle with lenders or resale.A DSCR (Debt Service Coverage Ratio) loan might be an option since you’re focused on rental income.
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8 January 2025 | 5 replies
@Polat Caglayan very ambiguosu question, but read the helpful info below to guide your next set of questions:)-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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8 January 2025 | 8 replies
I am still unclear about everything I read on the tax benefits for getting the cash out refi, and would like to understand that better2.
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6 January 2025 | 2 replies
Looking forward to being part of this awesome community.Thanks for reading!
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3 January 2025 | 3 replies
This takes care of most of the issues.
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2 January 2025 | 0 replies
Taking time for self-care and nurturing our well-being will empower us to tackle challenges with renewed energy and focus.As we move forward, let's celebrate each milestone, no matter how small, and remain resilient in the face of setbacks.