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14 January 2025 | 37 replies
In this instance, there is no control and just hope.I would ask for financials, what happens if rates do not go down, and really get a better understanding.
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5 January 2025 | 7 replies
@John Friendas it's close to the 1% rule which is good, but I would still run the financials on it.
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9 January 2025 | 32 replies
There’d need to be a lot of rehab work/managing that would require you to put in that many hours.From a financial perspective, it seems like the highest leverage way to keep buying more properties is leveraging your W-2’s and then being work optional.
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8 January 2025 | 33 replies
Not to mention scams are so prevalent these days, it's stressful vetting all these companies and making sure my financial info isn't getting into the wrong hands.
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18 January 2025 | 19 replies
Regular tenants may have more of a support system when they have bad financial luck.
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11 January 2025 | 12 replies
Verify credit, employment, etc for you. 6) I would definitely want noise (quiet hours), guests, and treatment of common areas covered. 7) We've used Rent Manager as it focuses more on the financials which I think is super important.
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6 January 2025 | 28 replies
Quote from @Tom Hall: My mortgage rate is very high and I would like to pay some of it off, so that my monthly payments would go down a bit, I dont know if it is financial smart to do it or not?
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30 December 2024 | 4 replies
My question is that due to numerous unfortunate circumstances, two properties that my partner and I purchased (through a program) were underscoped, and we cannot move forward financially.
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9 January 2025 | 5 replies
I would prefer 4, but I have to make the numbers make sense for me and my current financial position.I attended a webinar last night from a veteran who's been in real estate for years and understands use of the VA loan.
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3 January 2025 | 12 replies
Here’s the situation (personal details removed):The tenant reached out explaining that they’re going through financial difficulties due to an ongoing divorce and lack of child support.