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29 January 2025 | 10 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.
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21 February 2025 | 6 replies
An existing duplex provides immediate rental income and proven market comparables, reducing risk.
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21 February 2025 | 12 replies
Not sure if that is the case for you or if you are worried about burnout but if not, I would continue making extra as a nurse which will help with getting you approved based on income for future homes.
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2 February 2025 | 1 reply
How much income you'd want from the rentals and when you want that income to happen by.
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20 February 2025 | 25 replies
You also need to accommodate tenant schedules for showings.Relisting later might reset your listing's visibility, but delaying could cost you more in lost income.
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4 February 2025 | 1 reply
Rental income carries the debt service 100% How did you find this deal and how did you negotiate it?
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20 February 2025 | 7 replies
I definitely think in my area, many of the good opportunities I could qualify for with my income would have pretty high rehab needs before they're rentable, so it's good to hear where you would start out instead.
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28 January 2025 | 5 replies
One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.
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28 January 2025 | 0 replies
Both generate passive income streams without you having to clock in at a 9-to-5.🏗️ Building Equity While Others PayWhen your tenant pays rent, they're helping you pay down your mortgage - building your equity.
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3 February 2025 | 5 replies
After years of focusing on my career and building financial stability, I’m ready to dive into real estate investing and start creating passive income and long-term wealth.My short-term goal is to purchase my first duplex or single family rental.