I was insured through NREIG when it was a single rental to one family but now since I have transferred to room they dropped me.

I wanted to drop this review so that future clients are aware of what they are getting into.

Drop your thoughts, recommendations, or experiences in the comments.Looking forward to hearing from you all!

Mind you, with mortgage interest rates in the US being so much higher now (and seemingly for the foreseeable future), I wouldn't be surprised if LTRs in Europe would cash flow better than in the whole US nowadays (to be verified).This being said, I don't and would never invest in LT rentals outside of North America  as I wouldn't want to face unfavourable landlord/tenant laws as a foreigner.

I really want to have them sign a contract that I can drop in the scope, schedule and proposed fees to provide some protection for me.

Hence, this is maybe why your occupancy rate is dropping nowadays. 

So, for anyone who is further along in their journey that came across a book or content that was helpful to developing these skills, please drop a comment!

However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:For broader context, here’s a chart for 30-year fixed mortgage rates over the past 5 years:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.

It is confusing why the cashflow dropped.

The only issue is the interest rate is 7.125%.