
29 January 2025 | 11 replies
This is advantageous bc later you have a third party loan (not your personal money) so seasoning period is 90 days to DSCR out.

19 January 2025 | 46 replies
Great for personal residence but not for scaling.

16 January 2025 | 78 replies
Talk to others they work with and ask for references if you don't know them personally.

24 January 2025 | 7 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

2 March 2025 | 23 replies
Some will even allow you to hire their maintenance teams on an as-needed basis.TaskRabbit & Thumbtack – While hit-or-miss, these can be useful for small jobs when in a pinch.Additional Considerations for Remote Management:Emergency Plan – Have a go-to person (trusted neighbor, friend, or even a tenant) who can physically check on things in case of an urgent issue.Lease Clauses – Since you’ll be remote, make sure your leases clarify expectations for minor maintenance responsibilities (e.g., tenants handling small fixes like unclogging drains).Vendor Relationships – Set up accounts with appliance repair services, locksmiths, and other key tradespeople so they’re familiar with your properties.Tenant Selection & Retention – With your solid rental history and below-market rents, you’re in a great position to minimize turnover, which is key for remote management.Sell or Hold?

23 January 2025 | 7 replies
I love talking personal finance and real estate investing so I would be happy to help.

20 January 2025 | 3 replies
I racked up debt, at times putting expenses like property taxes on a line of credit.

20 January 2025 | 9 replies
I have known and worked with Matt for years.I have attended his training and hired him as a consultant.He is hands down the best at what he does.I have personally raised over $50 million for my hard money lending company.I am grateful for a lot of people who helping me with this success and Matt is at or near the top of that list.

20 January 2025 | 9 replies
Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required).

10 January 2025 | 8 replies
Signing the lease demonstrates they agree to the terms and then you can hold them accountable.If you don't do this, then the person named on the lease and paying the rent could disappear and you would have no legal authority to charge the remaining three for unpaid rent.