What property management software or tools would you recommend for tracking rent payments, leases, and maintenance requests?

Add-on:  I do like that I can automate my late fees, no partial payments, etc.

It will be very difficult to cash flow in Austin using traditional LTR methods unless you put down a huge down payment.

They will get the biggest payout you are entitled to and take a cut of whatever they get for you as payment I believe.

With careful planning, you can develop a portfolio that consistently outpaces inflation and helps secure your financial future.I hope this helps.

Our instincts are to eventually rent it and use the income for payment assistance on a new home mortgage.

🎉 As we kick off 2025, I want to encourage all my fellow Americans stationed in Germany—or preparing to move here—to start thinking differently about your housing allowance.Did you know that your housing allowance could be more than just a rent payment?

However, our tenant turned out to be problematic—late payments, issues that led to an eviction, and additional repair costs before we could relist the property for sale.Now, after months of making mortgage payments out of pocket, we finally have an offer.

This is the equivalent of a car salesman pitching the "monthly payment" of a car instead of the actual price of the car.

Depending on your debt to income, you might have to sell or have an executed lease to secure financing to buy the second home.