
11 November 2024 | 20 replies
I have found some options which seemed ideal in sync with the BRRRR method, however from looking on sites like Zillow and Redfin, there just seems to be so many available options, for nice rentals and good rates, so would it even be ideal to buy in the area if it would be so difficult if even possible to find a tenant?

14 November 2024 | 19 replies
I used furnished finder and keycheck to find tenants, screen them, and collect rent/security deposits.

11 November 2024 | 8 replies
Like you, I was eager to start investing in real estate but decided to hold off until I had more visa security.

10 November 2024 | 12 replies
I do a lot of direct bookings that take security deposits, but with Airbnb, they are always tough.

13 November 2024 | 9 replies
An estoppel certificate is a form you have the tenant sign that confirms their lease start date, the amount of their security deposit, and other things.

11 November 2024 | 6 replies
This method allows you to take some of the profit tax free and indefinitely defer the rest of tax, using it to purchase larger, nicer property/properties in areas with better cash flow potential.

10 November 2024 | 2 replies
This is technically a method of buying/selling real estate, which is illegal without a real estate or law license.

11 November 2024 | 5 replies
First, request the current rent roll, which details each unit’s rental income, lease terms, and any security deposits.

11 November 2024 | 10 replies
I look at the tenant's financial situation (income security) as a very important part of the property analysis.

12 November 2024 | 8 replies
This needs to be highlighted in the lease and acknowledged by them.Security Deposits: You can’t use their security deposit for routine cleaning, but if they leave things in bad shape beyond normal wear and tear, it’s fair game to deduct cleaning costs.I’d start by having a straightforward talk with them about the importance of keeping things clean for health reasons and property preservation.