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7 February 2025 | 6 replies
Just recently listened to a podcast on mid-term rentals specifically for traveling nurses but could also include corporate professionals or large-scale construction project workers.
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17 February 2025 | 10 replies
I didn’t have a pre-approval amount per se, I just knew that I didn’t have to worry about funding for anything under maybe half a million and my typical purchase and rehab was in the 150 to 250 range.
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17 January 2025 | 11 replies
🌟Great no move to Multifamily With the same skills you can manage a 1M fourplexMore independence when you grow your familyStart the journey to bill wealth if you have a 350,000 at 6% your wealth per year 21000with a 1M your wealth 60,000 per year 3XBuy a 350$ houses you need to have good credit great Income personalBuy a 1M Multifamily (my unit 350$ same income)+ 2Unit rent is your income+ 3rd Unit rent is your Income .Same only that your roommates don't live with you.
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10 February 2025 | 9 replies
@Scott VaethIf you live in part of the home and rent out rooms, you might be able to keep the lower 4% owner-occupied rate.Instead of a long-term rental that barely covers half the mortgage, could you do a rent-by-the-room model or target traveling professionals to increase cash flow?
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12 January 2025 | 10 replies
Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance.
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14 February 2025 | 8 replies
Having said that, since you're a newbie my strong suggestion is to go thru a professional initially.
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23 January 2025 | 10 replies
However, if you feel you need their input earlier, you could offer to pay for their visit to walk the property with you pre-inspection.
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31 January 2025 | 3 replies
Find out who has good Google Reviews (and responds to them), find out who answers their phone, find out who has a polished and professional website, etc.
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2 February 2025 | 10 replies
Readers should seek professional advice.
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28 January 2025 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?