
15 October 2024 | 5 replies
- DSCR = Net Operating Income / Annual Debt Service - If the DSCR is above 1, it's generally a good sign.- You mentioned you don't need the money right now, so holding onto the property could provide long-term rental income and potential appreciation.Here’s what you should consider:- **Financing Costs**: If you decide to rent, ensure you factor in all expenses, including mortgage payments, property taxes, insurance, and maintenance.- **Market Conditions**: Check the local rental market to see if $1450 is competitive and if there's a high demand for rentals in your area.- **Long-term Goals**: Think about your long-term investment strategy.

16 October 2024 | 14 replies
I would go with someone you know or a good friend of a friend.

9 October 2024 | 16 replies
that could determine the quality level the unit needs to be at for a new tenant- Am I doing the work myself, or hiring out?

10 October 2024 | 2 replies
Finding quality tenants is crucial for generating consistent rental income.

15 October 2024 | 1 reply
Hey Rod,Both are good options but in my opinion, Coral Gables wins the battle.

16 October 2024 | 12 replies
Good luck!

16 October 2024 | 4 replies
Any other clues or observations to make to understand if the tenant is good?

12 October 2024 | 54 replies
I did recently lose both my handymen in San Diego so a referral to great handyman would be good