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14 January 2025 | 19 replies
2) You MUST screen these people before renting to them, but you can use FurnishedFinders screening tool3) Otherwise, you can put your choice of screening link in your ad or include in a response template in FF.
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8 February 2025 | 14 replies
Too bad you can't buy something owner-occupied, put 5% down with the best interest rate, live in it for 12 months (and fix it up), rent it out and repeat the cycle.Here's some other info you might find useful:----------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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11 February 2025 | 154 replies
It's bad, very bad, math.If you buy a property with all cash for $200k, and that allows you to have PCF of $1000/month, that means it will take you 200 months before you break even.
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29 January 2025 | 0 replies
When you have multiple responsible adults sharing a house, if one "bad egg" slips in then you have the others renters to kick them out or report them.
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20 January 2025 | 3 replies
He had no choice but to begin selling off the portfolio.
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30 January 2025 | 7 replies
TIAHi Dawn, regarding your occupancy, with in effective dynamic pricing policy, you should still be able to beat the market while weeding out “bad” guests.
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23 January 2025 | 0 replies
You‘re welcome to join my regular meetups in Bad Kreuznach or Wiesbaden.
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5 January 2025 | 17 replies
I think the big question is how badly do you want to keep the extra $50k liquid?
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11 February 2025 | 7 replies
I find it hard to believe such a bad market could get worse, but only if you know why it’s doing so poorly compared to the rest of the country.
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11 February 2025 | 11 replies
Reason that is bad is 2-4 units were the first to go sky high in 2020 to 2022 and now rents do not match the market if your getting financing.No point having a mortgage of over $2850.00 on a $420K home if the rents on a Duplex are only $1250 to $1350 a door.