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25 February 2025 | 3 replies
The paid off student rental plus the 2nd student rental helps pays off the mortage for 2nd student rentals and living expenses for me and my wife. the duplex was cash flowing approx $300 month with the old tenants We manage everything ourselves with some help from our family.
8 February 2025 | 89 replies
Not sure why anyone would pay to learn how to snowball a mortgage .. ????
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18 February 2025 | 24 replies
Push through it, you may even need to have a second, consistent paying job and thats OK, until you get established.
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9 February 2025 | 3 replies
For example, I mention that every adult must pay a $XX application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.
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7 February 2025 | 17 replies
Then, both needed about $5,000-$10,000 each in repairs and cleanup.Even with low rents in those areas, renters struggle to pay $995/month on one property and $1,095/month on another.
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21 February 2025 | 9 replies
Sometimes it's better to pay a bit more, for a real professional to handle your most important transaction.
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10 February 2025 | 2 replies
This also begins YOUR title seasoning, so that when you're ready to take out a traditional mortgage, you can refinance and pay off the seller without a title seasoning issue. you can buy title insurance from the title company at closing. this is a good idea.
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19 February 2025 | 19 replies
Because we have been in growth mode acquiring properties with closing costs and rehab costs our business has been operating at a loss on paper each year not having to pay taxes for the business.
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9 February 2025 | 32 replies
That's basically what I used propstream for the most and if I can pay 100 a month for resimpli and get those features and also the crm and accounting features I'd be happy.
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21 February 2025 | 10 replies
For small MFH/SFH you have to find the deal, inspect, estimates and decide what to do, make a deal, get financing, get contractors, manage contractors, pay contractors, then turn it over to a property manager.