
24 April 2024 | 36 replies
If she wanted an extra 30 days to move, you should have charged her rent AND kept a large hold back at closing with escalating amounts if she wasn't out in 30 days (ie you get an extra $500 from the hold back for every day after 30 days that she's not out).

24 April 2024 | 3 replies
I'm not sure if you plan to rent out the entire house or do a rent-by-the-room but you should charge as much money as you can so that you can keep the extra cash.

24 April 2024 | 0 replies
In some cases, it may even generate positive cash flow, allowing you to save or invest the extra income.Build Wealth: Over time, the rental income from the basement apartment can contribute to your overall wealth-building strategy.

26 April 2024 | 27 replies
To most realtors, a good deal is one that they think can be bought at market value...investors can't afford to buy at market value usually.

25 April 2024 | 6 replies
The only way you could get to 3 quality STRs with that $80,000 is if you use the BRRRR method and execute it absolutely perfectly. and get all of your capital back + some extra to cover furnishing on every deal.

25 April 2024 | 1 reply
Hell, the Fed employs 100+ researchers and 400 PHD economists.They are usually wrong about both: where inflation will be, and what their own interest rates (Fed Funds rate) will be.

24 April 2024 | 3 replies
For example, if you get a good tenant in there with a medium/long term lease - you can take that straight to the bank to readjust your current note or take out some extra monies.
23 April 2024 | 28 replies
I use someone off UpWork to run Skips – usually 1.50 per lead and have about a 60% success rate and easy format which is the big thing for me compared to other services I tried I was spending too much time trying to format for the skips or after and was just not worth it.

29 April 2024 | 113 replies
Fast' is usually not good.

24 April 2024 | 3 replies
Banks and CU have something called "High Cost" rules which means a mortgage under $75K generally is not large enough to include or finance their hard costs plus fee's.Some DSCR lenders offer a $75K minimum after down payment but rates are usually above 9.75% even with good credit and carry a 2-3 year prepayment penalty.