Renting to faculty, out of state students, students from abroad and more of year round (such as residency) students will not carry the same short term renter displacement, but may require a higher level of finish in some cases as this becomes a year round home.Perks here are- -Year round rent under the same renter/ as your lease terms apply-Some renters having supplemented housing stipends paid in the form of allowances, stipends, and other arrangements -Lesser degree of potential property damage for those in graduate/residency programs (simply based on age and maturity - again, use the automobile industry here in why most car rental places won’t rent below age 26)-Less need for obtaining co-signers (allowing tenant to solely establish some credit history as well)When your tenets do move on and out, as a ‘thank you’ for being such great renters for the span of their academic career, it can be nice to offer a letter of reference as well for future renting needs.

Take out equity from my other house in Oklahoma to supplement the difference.

So I understand this correctly, your lender will not allow you to get a piggyback heloc at closing to supplement the downpayment?

Started off with supplemental products only, added private health products after about two years.

Use it as your credibility hub to supplement your other marketing.

We have young kids right now and so we are choosing to supplement our income from W2 jobs with some of the money we earn from our rental business; we’re not rolling all money into new properties.

After listening to the BP podcasts and reading through these forums, I finally feel like I have found something to supplement my income.

When I rented it out, property taxes skyrocketed because I lost the homeowner's exemption, supplemental deduction and mortgage interest exemption (for 2023).

Hi, really excited to have found bigger pockets and begin connecting with others who have been making a living off of real estate or used it as a supplemental source of income. 

Starting off, we'd somewhat limited ourselves by only interviewing a few lenders but we're currently interviewing many more to supplement in areas that previous lenders lacked.