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23 February 2025 | 2 replies
Credit and background checks, minimum 620 score, income verification, and limit the number of people living in the home.Tenant Own Homes is popular as well, you own the land and collect lot rent!
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12 February 2025 | 1 reply
I don’t know if I should invest in the Jersey market and put maybe 20-50% down on something, make less cash flow and make more appreciation, or every two years or so maybe buy something fully cash (my own $) in the Midwest let’s say 5-10 units and make more cash flow with no debt as with the income I make I can just save and buy more, don’t necessarily need to leverage in some markets.
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17 February 2025 | 10 replies
To analyze deals efficiently, focus on key metrics like cash flow, cap rate, and expense ratios—make sure rental income covers mortgage, taxes, insurance, and maintenance while hitting your 6% cap rate target.
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14 February 2025 | 12 replies
Why would you take your cash, and spend it on a property you don't need to spend it on, instead of using that cash to increase your properties,...and income.
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24 February 2025 | 5 replies
Verify income: Always make sure they make 3 times the money required monthly for rent.
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27 January 2025 | 9 replies
Opendoor Technologies Inc. has released its annual list of the hottest ZIP codes in the country for home sales.
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6 February 2025 | 10 replies
Since my adjusted basis is about 50K, am I going to have a $250K gain on my income taxes this year?
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9 February 2025 | 12 replies
Things that could get in the way im putting out there now to make sure no surprises after someone does the work to get me quotes- New York State - Appraisal will barely be past 100k if that- 98% of my income comes from my rental portfolio (thats a new fun rule (to me) I just learned about)- Prefer something without a ton of fees and such.
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22 February 2025 | 17 replies
Mike Hello Mike, We run an annual best of notes contest where other note investors vote on tracking software and management software.
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17 February 2025 | 13 replies
You can purchase a primary home with seller financing, then rent out the spare rooms to generate income.