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19 October 2024 | 11 replies
It meant the income covers its own costs.
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19 October 2024 | 7 replies
Tenants pay a portion of their income toward rent, and the program covers the rest.### 2.
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20 October 2024 | 17 replies
insurance companies are also charging extra to cover ice machines.
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18 October 2024 | 3 replies
Our lease requires the tenant to carry renter's insurance with a minimum of $300,000 liability coverage naming us as additional insureds, as well as covering their personal property.
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20 October 2024 | 13 replies
The loan approval is based on the property’s cash flow—so as long as the rental income covers the mortgage, you’re in a good position.
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18 October 2024 | 7 replies
Can I require additional deposit to cover the accidents this animal is going to make?
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20 October 2024 | 6 replies
(I would still get a heloc to cover future expenses and have available for emergencies.)401k loans are not taxed, do not report to credit, count as owned assets from your lender, and the interest you pay on them goes back into your own 401k!
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20 October 2024 | 14 replies
Usually holding costs and lost opportunity costs far outweigh the gain in sales price.I would also have multiple exit strategies and if prices dropped more than I wanted could I keep it as a long-term investment and have the rent cover my expenses.
18 October 2024 | 34 replies
But if the debt is say 50% of value - what’s the chance of the property not “covering” the debt and your personal guarantee being enacted?
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19 October 2024 | 5 replies
Seller financing is very hard to get.Most seller has the intent of collecting all the money upfront for a new property.To entice the seller to accept a low down payment, agree to the purchase price without negotiating, cover the closing costs and if there are any commissions involved with brokers/agents.