
30 December 2024 | 7 replies
I'm a very conservative investor and may look through a hundred deals a month, and at the end of the year only invest in 4-5.
23 December 2024 | 9 replies
AND The balance on one statement is < 100 and other not enough to cover the first months rent and deposit.

23 December 2024 | 11 replies
On the north side, my credit score requirement is 680 and I strictly require their monthly household income to be 3x the rent.

22 December 2024 | 0 replies
For example, let’s say someone sets an annual goal of cash-flowing $120k ($10k/month) a year in passive income, and then sets a quarterly milestone of acquiring 20 units.

28 December 2024 | 24 replies
Not a bad side hustle - spending a few hours mostly doing some laundry and cleaning up and paying yourself a few hundred a month to do it!

20 December 2024 | 18 replies
The only thing I'd add is to do an 18 months lease or so, so that when the next lease is up you'll be in the warmer months.

21 December 2024 | 10 replies
Taking the higher of the two, that's 52k in debt service for 12 months.

23 December 2024 | 0 replies
We take the T12 roll it forward, we strip out anomalies and one-time expenses and then layer in base assumptions and any known large expenses that are planned for the next 12 months.

22 December 2024 | 8 replies
I have done agent outreach, just last month got a 25 unit under contract for 6% down.4.
21 December 2024 | 18 replies
A good rule of thumb is to keep 3-6 months of operating expenses in your rental account as a cushion.Once you’ve got that covered, you can start investing the excess.