I'm not a fan of a surprise bonus because it kind of sets a future expectation.

Every year we do it at our annual inspections, and without a doubt, we find some where tenants have removed the batteries, or removed the entire thing-- it's just common place-- tenants don't think safety.Another thing I'd say, and I'm surprised it's not legally required-- is adding fire extinguishers!   

My credit is 800 so it was surprising.

It's supposed to ensure there are no surprises after closing.

Just apply a few it has no cost to apply and see what get approved on you will be surprised they often do not even verify income fully.

@Dave IveryReal estate investment (REI) can be challenging due to factors like fears of failing, not knowing enough, money limits, surprise bills, tough competition, personal limits, problems in doing things, and fear of being turned down.

.- Buying that first STR property in a “hot” vacation market that isn’t local therefore seems like one of the highest risk investments one can possibly make.I will not be surprised to see pain in several similar markets around the country, perhaps including certain desert locations that surged in popularity, certain lake areas, and the pain may extend to even areas like CO mountain towns, despite the fact that unlike the smokies, people do travel from all around the world and country to get there.

There are very workable cash out refinances and helocs that are surprisingly easy to qualify for even on investment properties.

Since IRR takes into account the time valueof money, it’s no surprise the IRR is highest in the first two years.I ran four scenarios and raising rent doesn't impact the IRR.Scenario #1: Keep it and Raise Rents by $500+Both units had the same tenants in there for the lasts three years.

He actually showed up unexpected at my doorstep at 7pm to personally deliver the loan files.