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27 February 2025 | 0 replies
However, rates are not great right now so taking out the money necessary makes the monthly payback greater than what we could get in rent.
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13 February 2025 | 8 replies
Renting to a family can lead to disputes, so a formal lease is essential for professionalism.
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16 February 2025 | 9 replies
My biggest mistakes that have cost me dearly have all been contractor related, so my advice would be to vet your contractors as much as possible.
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17 February 2025 | 5 replies
So I give the bill to my PM and they bill the tenant and they reimburses me.
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20 February 2025 | 6 replies
I just paid off another DSCR so pleased to be in this position.
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27 February 2025 | 5 replies
@Brandon Elliott-Pandey So far after running all the numbers as is and with a property manager at 10% I would profit $270/month
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27 February 2025 | 6 replies
This tenant will likely cause you more financial burden down the line, so I also agree to evict.
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21 February 2025 | 8 replies
All my properties (11 total) are in Detroit, Memphis and Seattle and if you want to chat about any of those markets, happy to do so.
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28 February 2025 | 1 reply
Yes its a total of 200k (added from cash on cash 8x4=32k) and return at end of sale of 68K so a total of 100k return or 2x equity multiple.
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17 February 2025 | 0 replies
So, I did.