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9 September 2024 | 4 replies
There is a 41k outstanding equity loan on the house.
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12 September 2024 | 17 replies
I just signed a subscription for a new property in March without incident. re: rate consistency in section 6.1 “The quality of the experience is based on a variety of factors such as calendar accuracy, Host response times and booking acceptance, rate consistency,”
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10 September 2024 | 8 replies
My bigger concern would be around your disclosures to your lenders… usually you have to disclose your financial situation to your lender and if you have this huge outstanding obligation it would seem like somewhere you would be obligated to disclose this to them.
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11 September 2024 | 69 replies
I have no data, but from my experience this is the key to section 8 rentals, buy and update a home which will attract the better quality section 8 tenants.
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11 September 2024 | 20 replies
How much you net is going to depend on how much you put down (and the quality of the rental).
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10 September 2024 | 7 replies
Keep your time focused on what matters-- quality investments.
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9 September 2024 | 23 replies
I explain they will have difficulty Renting a quality unit, that I will ding their credit, that I will attempt to garnish their future income to recover what they owe.
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11 September 2024 | 10 replies
That means you can distinguish your listing by being responsive and courteous while providing a quality product.To more directly answer your question, while there isn't a great website for MTR data, I do estimate MTR rents with either the BP rent calculator or rentometer.com's and then multiply by 1.5x as a screening tool.
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10 September 2024 | 10 replies
Although my cost of capital was cheap (2.5% 30yr fixed), the increased STR supply resulted in a more hands-on approach by me (better marketing, improving the quality of my check-in hose, services, etc) and this wasn't turning out to be as 'passive' as I would have liked (I've been managing my own LTRs for close to a decade, so perhaps I'm spoiled).
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9 September 2024 | 5 replies
It was a great experience…high quality renter, no maintenance on our part, and she paid it off a year earlier than anticipated.It was too long a term, though, and did not account for appreciation, especially during 2022-2023.We have heard a few podcasts on the rent to own strategy, and are very interested.