We went way over our expected budget - by far our worse budget miss ever (remarkably we were only 0.5 week over our 2 month timeline).Using my rule, take the estimates and double them then add for lost occupancy and that is what I would be seeking or the owner have the work done using licensed contractors and do the work, take the risks, and suffer the vacancy costs.If you purchase having to do the work and your appraisal can handle it, the credit at closing is superior to price discount.  

So to expand on the question...hypothetically...you have a 5/3 for rent...your tenants consist of 2 adults and 2 children....they sign the lease agreement...THEN...move in 2 (or more) adults...can you have verbiage in the lease agreement that the rent would then increase a set amount if other occupants (adults) move in...providing they pass the credit/background checks...

I'm aiming to obtain around $100,000 to $150,000 to get my foot in the door.I come with a solid credit profile, boasting a score of 786 with Experian and 773 with Equifax.

Currently, I have a ton of equity in my home (valued at ~$4M), have good credit (800+), and despite being between jobs and without a steady income, have the capital now to invest and want to develop a plan so I can take action in one shape or another.

I am currently rebuilding my credit and have finally been able to start saving money and looking to get my first property by the end of next year.

Solid income, 690 credit rating. 

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

In today's day and age of social media, the Internet and super catchy reels and videos, attracting your attention to higher returns, promising life changing strategies and tips on how to quit your 9 to 5 job; A lot of people really neglect what real Real Estate investing is all about. 

I firmly believe that the media/internet/powers that be are just spinning the crap out of this whole weather thing.

Hi, I work for a business lending brokerage (business loans, lines of credit etc.) based in FL.