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2 January 2025 | 11 replies
Here are my key takeaways:Tenant Screening Matters: The challenges I faced with the garden unit tenants reinforced how critical it is to have a thorough screening process and not stray from your requirements.
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2 January 2025 | 13 replies
To make real money in this business requires busting ***.
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14 January 2025 | 28 replies
My current solution of using Baselane is by far the most cost effective and easiest, but it still requires that I spend time bookkeeping.
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29 December 2024 | 15 replies
LTR tenants are required to have the home professionally cleaned.
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27 December 2024 | 6 replies
I just learned this has now become a voluntary requirement for the time being as there is a court order to stop this reporting.
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2 January 2025 | 13 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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22 December 2024 | 12 replies
It was really insightful, especially the part about how DSCR loans offer shorter seasoning periods and more flexible qualification requirements compared to conventional financing.I’m currently focused on scaling into 6+ unit multifamily properties in New Jersey using the BRRR strategy.
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31 December 2024 | 2 replies
you can get financing witha LLC but the lender will require a personal guarantee on the loan.
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18 December 2024 | 7 replies
You then draw your HELOC balance as the down payment for the flip.
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27 December 2024 | 15 replies
Most lenders typically require a 30% downpayment.