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21 January 2025 | 2 replies
This route requires more attention as you will need to ensure that you are finding good deals wether they are on the market or off market.
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14 February 2025 | 7 replies
A few things to know:- The seller will pay the seller's agent whatever they have negotiated.
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12 February 2025 | 9 replies
The attorney isn't answering them so she's not sure how to get the lien removed once they pay the bill.
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19 February 2025 | 27 replies
I don't care what kind of business it is, STR, Hot Dog stand, any biz I am NOT paying 8X annual gross revenues, no flippin way!
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21 February 2025 | 5 replies
@Maurice Smith 2nd vote for RL Management.Regarding owner payout timing, it's easier to pay sooner for Class A rentals, because the tenant payments are more consistent.As you go from A to B, to C, etc., tenant payments are LESS consistent, so many PMCs opt to pay owners later.
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18 February 2025 | 43 replies
Grow wide first, then deep (pay off)- your little expenses add up fast
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18 February 2025 | 17 replies
I don't even mind paying ridiculous interest rates as I understand this is a big ask.
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22 February 2025 | 5 replies
Currently have a duplex I’ve been in 3 yearsMortgage 3.65% pmt $850Tenant pays $875Heloc $30k——monthly $291The issue I am running into isRates are so high right now and it’s a lot harder to find another that will cover full mortgage.Does it make sense to leave somewhere that it is full covered to go to one that is not?
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21 February 2025 | 1 reply
Hi Wendy,Coming from a Banker in most cases the Heloc is a Line of credit you only pay on the amount you use and a Heloan is the bank/lender gives you all cash.Lets say you borrow $10K as a heloc and in the first few months you take out $1500.00 your payment is only going to be based off the $1500 and not the $10K because the rest in the line of credit (LOC) not being used - Same as a credit card.
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21 February 2025 | 9 replies
I've been managing 70+ midterm rentals for over 3 years and we have never housed a traveling nurse - in our area, their stipends (or what they are willing to pay) are much lower than we can get in rents with other prospective guests/tenants.Utilities are included at all of our properties and that is common practice here.