The calculator that we use can factor in what the effect would be if you earned less.

Hi Eric,Great question—estimating operating expenses can definitely be tricky, especially for items like maintenance, CapEx, and make-ready costs that vary widely between properties.

My interests lie in all areas of real estate, and I am eager to explore potential opportunities and gain insights into effective strategies.

As the new owner, you’ll want the lease and your landlord insurance policy to take effect as soon as you take title to the property.Temporary Lease Considerations:While short-term leases can work well, leasing to a seller long-term often leads to complications.

Did you use 1.1% of ADU cost for prop tax?

My current solution of using Baselane is by far the most cost effective and easiest, but it still requires that I spend time bookkeeping.

It’s a cleaner, more reliable solution, and while the higher subscription cost can feel like a drawback, it’ll save you a lot of headaches and time in the long run.

I’d love advice on leveraging my existing assets, navigating seller finance deals, or other tips for scaling effectively.

I’m about to be 29 and I’m hoping this really takes effect in my life in my 40’s.

If the credit screening costs $25, then you earn nothing.I believe there are exceptions for a higher fee, but you have to stick to the actual cost of the screening.I would talk to an attorney before charging more than $25 per applicant.