Hello BP Community! I am in escrow on my first out-of-state rental property in northern Texas and the next step in the process is to get landlord insurance. My question for you more seasoned investors is, what policy ...

Peter - I would start by reading a few multifamily underwriting books and watching a few underwriting videos on YouTube.

So, even though I cannot charge the old tenant for the entire remainder of the lease I essentially have ZERO vacancy because I am owed rent for EVERY single day!

The location where you invest determines all long-term income characteristics essential for achieving and maintaining financial freedom.

You really have two choices, find an area thats a destination or create a unique stay (essentially creating a destination).

They essentially want me to set everything up and pay the upfront costs, then they will transfer everything into their name and pay the ongoing fees throughout the lease.

I'm having a hard time seeing if it's allowed for me to essentially manage the renting of my mom's single family property.

As the foundation of real estate investment analysis, underwriting allows us to evaluate potential returns and associated risks accurately, ensuring informed and confident investment decisions.Understanding critical metrics like Net Operating Income (NOI), Capitalization Rate (Cap Rate), Debt Service Coverage Ratio (DSCR), Gross Rent Multiplier (GRM), and Cash-on-Cash Return is essential.

Especially the ones in the mountains, she would go video the properties for us, which was very helpful to not have to drive out to get a feel for it.

Its essentially the same thing but potentially a better pricing structure.