View report*This link comes directly from our calculators, based on information input by the member who posted.

It is to prepare you for the inevitable and create a Defensive position.It is calculated using Rent.Example: $1,000/month rent - set aside $50/month for CAPEX, $50/Maintenance & Repairs, and $50 for Vacancy.

To be honest with you even in the 3% rate environment 3-4 Fam was tough because of the way self sufficiency is calculated and NYC/NJ price points.    2 Family will certainly open up a lot more options. 

If they report to the credit bureaus it will affect your DTI as your DTI is calculated based on what's on your credit report compared to your income.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

But you need to really understand how to run your numbers, your cities property tax rules and how to calculate true future taxes (I see a lot of folks fail here), etc. 

From insightful articles and podcasts to detailed market analyses and investment calculators, there's something for everyone. 

Are you calculating your MAO differently?

Know the risks, make calculated decisions, and if you ever hear "fast, easy, and no money required" be VERY CAUTIOUS. 

If so, how do you calculate the premium?