
15 March 2024 | 6 replies
The rent will more than cover my bank loan and with the NNN lease the tenants will be covering all the other expenses.Fingers crossed it all works out.

15 March 2024 | 1 reply
At least up here, service is VERY important and VERY complicated, so you and/or your attorney need to make sure that you cover all the bases.

14 March 2024 | 1 reply
We had the seller cover all closing costs, pushed out closing 60 days, and were able to use that to cover all closing costs and do a rate buy down for a year.

13 March 2024 | 7 replies
Insurance does not cover, nor does umbrella coverage.
15 March 2024 | 25 replies
If 2795 is the current market rent for a property like this, then you might raise it a little, so by 50-75 each year after the current lease ends to cover cost increases (prop taxes, prop insurance, labor costs, etc).

15 March 2024 | 43 replies
It covers the basement and entry door.

15 March 2024 | 14 replies
I also agreed to cover closing costs meaning I'll be $40k all in.

14 March 2024 | 6 replies
@Ethen Royal you can't report the eviction to the credit bureaus.Companies doing background screenings pull evictions from public court records.You will need to get a money judgment through the courts, which should automatically be added to their credit record via a similar process.

20 March 2024 | 175 replies
For about $175/yr you can get everything from folks at your local REIA, plus discounts at big stores that more than cover your yearly membership.

15 March 2024 | 4 replies
VA is great for the 100% financing which covers 2-4 units as well and those can be rented in addition to rooms in a primary.Just make sure you shop around for quotes (without letting multiple lenders pull credit).