Make sure to have clear documentation of regular, on time rent payments and the agreement clearly laid out.

It’s been a while since I’ve posted - quick update:- Purchased condo in 08/2021, fixed it up and it’s been fully leased since 11/2022- Purchased 2 unit in 10/2022, currently living in one unit and renting the otherI’ve gotten my feet wet, bumped my head, learned a lot - but ready to add to my portfolio.

He used to be a regular contributer on the BP forums.

Where to splurge and where to save that will make the biggest impact and get your units rented asap.I will come back and update with my new social account soon!

@Bruce Woodruff - update - non renewal of lease, she left early February, left a mess, took 3 x 10 dumpsters.See pics below.

When I managed properties the owner would regularly call me in his office.... why did we spend $1/sqft to paint this apartment, why did we replace a fridge, what does it cost $2500 to do a simple make-ready on a 1 bedroom luxury apartment?

In a loose sense, I would call any lender a "partner" too, since they will require not only your monthly payments, and will require regular reporting as well on the operations of the property (but this is a more semantic and philosophical discussion).But, ways you can try to come up with that money: refi your home and/or investment properties.  

Fannie Mae and Freddie Mac have both confirmed that buyers whose agents are compensated by the seller will continued to have access to financing through the agencies. Understand all your options resulting from the rec...

Pretty much updated to the minute.

With having young kids and working full time, being able to buy a house that needs mostly cosmetic updates that I can do myself would be easier than buying a property I would have to travel to without the family to work on.