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19 January 2025 | 10 replies
That can be a draw back if the market is on a mad run up tho.Also, I would always have enough in a heloc to cover your 401k loan in the event of job loss or if you quit your job.
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30 January 2025 | 13 replies
I stopped reading after reading your subject line...know this:The #1 reason why landlords fail is due to their failure to manage to the lease (Source: American Apartment Owners' Assn).
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28 January 2025 | 2 replies
If the rental income from your condo can comfortably cover your mortgage and leave you a little profit, moving out might make sense.
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15 January 2025 | 6 replies
Where another issue arrises is I recently quit my job after becoming pregnant as they would not cover my maternity while overseas, my husband is employed however he works for a UK company and is British so would be unlikely to help us with the situation in the US.
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1 February 2025 | 7 replies
What I'm gathering from these responses is not necessarily an encouragement to sell and that instead to take precautions to decrease the fire risk and ensure that insurance is covering things like wind.
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17 January 2025 | 11 replies
I did the math and could cover the mortgage solo if needed.
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7 February 2025 | 14 replies
There are short-term rental management companies that can help with that.One that I work with in Michigan covers the entire state and can advise on local short-term rental regulations or regulations that may be on the way, they can give you an analysis of the demand for short-term rentals in that area, nightly rates in that area, monthly occupancy percentage, and projected monthly income.They also let you choose the level of service you would like from them from full service to minimal.To your success!
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14 January 2025 | 2 replies
You can get started with rent to own/lease option or another creative strategy like buying subject to.
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22 January 2025 | 12 replies
Also note that my company will possibly either cover closing costs if we sell or provide property management for two years if we rent.