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24 August 2024 | 5 replies
Because I am a full-time college student and I work part-time I ask that the interested parties submit a rental application before I show the house, but many of them refuse to give a rental application unless they can see the house first.The criteria for what I look for in a rental application are as follows:Credit report: I look to see if they have had at least 90% or higher on-time paymentsBackground check: I look to see if they have ever been evictedJob and rental references: I look for a steady income and make sure they can afford it with what they make I also call their current landlord to make sure they have been a good tenant and confirm the information the tenant gave me.I currently have it listed at $1650/month with a 12-month lease.
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23 August 2024 | 9 replies
I have a steady W-2 job (unfortunately for now!)
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24 August 2024 | 3 replies
The 1% MoM increase in July existing home sales was just a taste.Here are the current odds on Fed rate cuts at upcoming FOMC meetings:Sept 18: 100% (same as last week); the probability of a 50 basis points cut roughly steady at 25%.Nov 5: US presidential electionNov 7: 100% (same as last week); 39% probability that rates will be 75 basis points lower than currentDec 18: 100% (same as last week); 44% probability that rates will be 100 basis points lower than current.They Said It“Despite the modest gain [in July], existing home sales are still sluggish.
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22 August 2024 | 3 replies
Louis are generally lower, allowing you to get more value for your investment.Cash Flow Potential: With lower property prices and steady rental demand, you can potentially achieve positive cash flow from rental income.Market Appreciation: While St.
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22 August 2024 | 0 replies
This steady increase shows that these homes are not just places to live—they’re valuable investments.
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21 August 2024 | 1 reply
1) Significant Rate Decrease2) Minimal Rate Decrease3) Keep Rates Steady
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22 August 2024 | 0 replies
This supply constraint, coupled with steady demand, is expected to drive rent growth in the coming months.Capital Markets and Valuations: U.S. multifamily transaction volumes reached $38 billion in Q2, signaling a thaw in capital markets.
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22 August 2024 | 5 replies
Ready for something more long-term and steady income.
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21 August 2024 | 8 replies
MTRs can offer a nice balance between the steady income of long-term rentals and the high cash flow of STRs without the constant turnover.In terms of locations, I've noticed that areas close to hospitals or corporate hubs tend to do well since travel nurses and professionals on temporary assignments often seek out these rentals.
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21 August 2024 | 5 replies
**Sorry for the newbie sounding ques, but despite doing these projects for a while p/t, I'm struggling to figure out how to setup a steady operation.