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27 December 2024 | 13 replies
The mortgage payment is $1,000 on each house, so you earn $500 per house or $2,000 monthly.
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24 December 2024 | 9 replies
Ensure the rents and expenses support the debt service and provide solid cash flow after covering the assumable loan, seller carry payments, and operating costs.Occupancy & Rent Roll: What’s the current occupancy rate?
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19 December 2024 | 22 replies
Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!
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15 December 2024 | 7 replies
What you could doIs continue to pay that loan and have the owner also select finance you the balance.
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25 December 2024 | 11 replies
While still profitable, I’m exploring better opportunities and considering multifamily (MF) properties.In my search for $1M properties (with $150K–$180K down payments), I’ve found that the NOI often matches the mortgage payments, leaving little to no monthly cash flow.
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27 December 2024 | 4 replies
Another question is… Which option would be better to cover the missing mortgage payments: a HELOC or forbearance?
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30 December 2024 | 7 replies
You can create a website in seconds nowadays but I would also provide him a pitch deck to show how this works and that he is not going to have to evict you in 5 months because payments are not being made.
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26 December 2024 | 2 replies
I have ZERO intention of making any payments on these contracts, nor do I want the equipment.
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26 December 2024 | 2 replies
Take a copy of the lease, payment history and if you have one your receipt book.
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27 December 2024 | 12 replies
This section of the guide helps me to better understand how you can use the www.mysmartmove.com in conjunction with other forms of background checking:The Tenant Credit Report: The tenant credit report will contain a wealth of information related to the tenants credit history, including a detailed list of all the tenant’s open or closed credit cards, car payments, monetary judgements, late payments, and more.