A Home Equity Loan is usually a chunk of money you get up front and start making P&I payments on right away for a set amortization period.

The debate is like a machine that riles us all up and sets us at each other.Just in case people reading this aren't familiar with my situation, I'm a DIY low-income landlord in C/D-class neighborhoods within a couple of small target areas.

Either define a set period of time that you will serve as a manager for no cost and then collect xx% of revenue as a management fee before splitting profits.

I have never had any tenant object to paying an extra $35 per month to have the softener, that is about what they cost to rent from softener companies.

Set up a clear scope of work and schedule regular video check-ins with photo updates.

I have some pre-written advice for beginners, people asking if they should set up an LLC, how to find a property manager, etc.

Potential Reinstatement of 100% Bonus Depreciation: 2024 is 60%. 2025 is set for 40%.2.

I also use Pricelabs, which takes some configuring up front, but I have it set to only allow monthly stays up until about a month in advance.

When I started, I first wrote out my 3 main objectives for my portfolio, which was cash flow, appreciation, tax benifiets in that order.

There's no better person to follow right now.Check out Set for Life by Scott Trench.