
18 October 2024 | 25 replies
I have seen sellers try to sell homes with 10 year leases at below market rent.

30 October 2024 | 236 replies
I paid $260,000 and just knew I could sell it for $400,000 - $500,000, or if I chose lease it for $10k per month.

15 October 2024 | 9 replies
I was going to say make sure you get them the tenant statements and leases prior to closing

15 October 2024 | 9 replies
I purchased that duplex for $116,000 and had the gross rents at $2,105.00 after re-leasing 1 of the apartments after the sale (roughly 1.8% of sale price, so just shy of the 2% Rule).

15 October 2024 | 5 replies
I know there are a ton of features I don't utilize personally, I mostly use it just for tenant application and screening process, and then for rent and fee collection In my personal experience here's my pros and consPros•Had a template for screening questions on the application so I didn't have to think of things to ask myself•Handles rent collection easily and for only a $1 fee to my tenants for ACH transfer which makes it easy for both parties•I can set up all rent and fees at the beginning of a lease term so it's set it and forget it for me•My tenants have said setting up auto-pay was easy and I like to make it as easy as possible for them to pay me!

14 October 2024 | 8 replies
But once you get tenants and leases in place, lenders will really dig in to the details.

14 October 2024 | 4 replies
If we rent quickly, we may increase rent for the next lease!

13 October 2024 | 18 replies
As Chris said document everything.And when it comes time to renew the lease...do not renew it.

17 October 2024 | 47 replies
Most users are making lease option, rent to own and some subject to offers.

16 October 2024 | 16 replies
Either work but in Metro Atlanta, the easier option is an SFR with roommates or potentially separating the basement as a separate lease space.