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6 February 2025 | 8 replies
I usually target/ball park around 45% of gross income.
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10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
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2 February 2025 | 9 replies
@Jeffrey HayesIf you post a link to the listing (usually Zillow) and/or the address then we will be able to help you.
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5 February 2025 | 6 replies
:)As for LTR rental terms, usually we sign a 1 year lease where tenants are expected to pay Electric and Gas if applicable, while the owner typically pays water/sewer/trash with the city.
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20 January 2025 | 2 replies
Robin Carriger is the organizer and they usually post notifications here on BP.I've posted other lists here several times and can do so again if you need it and can't find in the search function.
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7 January 2025 | 19 replies
I'd hate for a temporary dip in the quality of the tenant pool to be giving my landlord "spidey sense" false alarms on account of taking an extra month or two to fill a unit.
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22 January 2025 | 13 replies
It was just an offer (costs extra) through a local lender I used!
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24 January 2025 | 36 replies
Seems like a lot of the negative comments and reviews are related to bookings, advertising, extra fees, etc.
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14 January 2025 | 4 replies
It’s awesome that you want to use your downtime to learn more about the industry and make some extra income as a VA.
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16 January 2025 | 0 replies
Do Snowbirds usually like ground floors since They might have restriction climbing stairs.