
26 December 2024 | 9 replies
While the traditional approach involves buying a multi family property, living in one unit and renting out the other - with rising prices and interest rates; others have considered renting out bedrooms as unit spaces.

26 December 2024 | 8 replies
The jury is out on summer, but we are already cutting rates significantly to get bookings for our properties.We are currently trending toward 2019-ish rents for most of our properties.

23 December 2024 | 15 replies
You do not indicate what your current interest rate is.

24 December 2024 | 6 replies
This will give you more time to shop rates/fees than to be under the gun with a purchase loan.

26 December 2024 | 27 replies
We've run about a 20% vacancy rate. 2 of our MTRs have been great, the third we sold after it wasn't generating enough inquiries over two years of effort.

23 December 2024 | 7 replies
Along with that you purchased at a decent price, cheap rates so your mortgage should not be expensive.

21 December 2024 | 7 replies
The downer is that financing through an LLC would mean “commercial loan” which has a high interest rate of nearly 9% in today’s high rate environment.

25 December 2024 | 11 replies
I'd try to get a 6-month lease at a below-market rate to attract a tenant.

24 December 2024 | 1 reply
After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).

21 December 2024 | 10 replies
As Ko Kashiwagi says, we need to know more, such as rate, amortization, term.