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11 March 2024 | 3 replies
Work with a good property management company who will get co-signers from parents (parents are typically paying rents) and be flexible around subleasing, especially during summer periods because students go home and do not always stay for summer time; this can still be a 12 month lease.
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11 March 2024 | 18 replies
(there is enough space under the roof to set up the central AC).A few pros and cons that I can think of for each option:Mini split:-Flexible room temperature control-Less costly to operate if I turn it off in the rooms that I don't use-Takes more visible space, not very pleasing to eye-Renter might loose the remote or break the unit (somehow!!)
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11 March 2024 | 7 replies
I have a flexible schedule and can work less or more hours.
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10 March 2024 | 5 replies
I’m more concerned with wealth than cash flow at the moment with 0% down, but my biggest fear is not having the flexibility to continue my stack or get out if needed.I’ve ran the numbers as if I was getting current rents at 4.25%, BP suggested market rents at 5.25% in the second year, and the upper range of current market rents at the 6.25% which would kick in year 3.
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10 March 2024 | 5 replies
It provides us with the flexibility we need to start renovations at a time when we have financial and plans set, ultimately increasing the property's value and appeal for future long-term tenants.Our decision is not just about financial gain; it's about providing immediate assistance to those in need, with the understanding that this approach also serves our long-term objectives.
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10 March 2024 | 8 replies
We want to give owners some flexibility and a good experience working with us, but also, contracts are the assets in this business model i.e. if you don’t have some teeth in the language, if/when you try and sell your company later it won’t be worth much.The 60-90 notice period seems to be a good balance.
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8 March 2024 | 44 replies
With regards to the credit score, I thought that it would be better to be flexible on that requirement vs the income.
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9 March 2024 | 26 replies
Think about if you want to keep the property for a long time, sell it after renovations, or put it to other uses.Note that careful planning, thoroughness, and flexibility are necessary for profitable real estate investing.
8 March 2024 | 13 replies
Local credit unions are also worth checking out for flexible options.
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8 March 2024 | 10 replies
This strategy provides flexibility and can be used to control a property with minimal upfront costs.Before diving into any specific strategy, it's crucial to thoroughly research and understand the local market, regulations, and potential risks associated with each approach.