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11 February 2025 | 4 replies
They will handle the collection and distribution of payments, amortization, escrow accounts, and any tax documentation.
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19 February 2025 | 11 replies
A good tenant is more than just a rent check—they should respect your property, your rules, and the people around them.
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20 February 2025 | 3 replies
You run a background check and verify application and you make them both liable for all rent.
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23 February 2025 | 7 replies
Do you check Landlord references?
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23 February 2025 | 11 replies
.$847 in the bank699 Credit Score133% revolving utilization/over the limit maxed out personal credit cardsQuite a bit of other high interest debt/loans borrowed during the first year in business$3,580,000 Appraised Portfolio Valuation$2,139,400 DSCR Mortgage Debt in my LLCs$1,440,600 Equity (Appraised Value-Mortgage debt)8 Remodeled SFRs1 Converted Remodeled Duplex2 SFR Remodels currently in process2 Apartment Buildings - 13/14 units occupiedA little more experience to say the least234 Audible books in my libraryAs I'm sure any experienced investor can gather, having the sizable amount of personal debt as I do, supplier house account payments due, PMLs that need to be paid, etc, not having liquidity/any money in the bank is an ISSUE.
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12 February 2025 | 11 replies
It seems the entire reviews and feedback section now consists of members creating accounts solely for the purpose of endorsing RTR.
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1 February 2025 | 51 replies
You’re in a win win situation no matter what however I guess you would also want to take in account any major cap x repairs that might be coming up soon in the future you might want to avoid paying.
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22 February 2025 | 2 replies
Don't be discouraged by the lower returns—house hacking is often about long-term wealth-building, and your primary residence can offset some of those mediocre numbers.Make sure you're accounting for local trends and realistic rents—sometimes expected rent growth is overly optimistic, or costs like repairs might be underestimated.
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18 February 2025 | 2 replies
Quote from @Courtney Dettlinger: Your equity is not a savings account from which you can withdraw for free.