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19 January 2025 | 13 replies
We are hoping to streamline tenant communications, maintenance requests, and payment records.
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27 January 2025 | 1 reply
Generally speaking, with SFR or small multis, I just rely on the lease/rent roll (and some form of proof of payment; i.e. bank statements, deposit receipts, tax returns, etc.).
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29 January 2025 | 8 replies
If there are no other red flags on the tenancy (i.e payment issues, lease defaults) I would still renew tenants (even if they are a little corky!)
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18 January 2025 | 8 replies
I use credit cards, write checks, and pay in cash.Each situation can dictate the payment type.
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3 February 2025 | 56 replies
they are kidding themselves one needs to punch in 50% to 55% of gross cash flow for expenses then deduct your mortgage payments.. anything less than that will not play out over the years.
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19 February 2025 | 171 replies
Firstly, we have to grudgingly agree with William that 30% down payment was onerous.
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23 January 2025 | 45 replies
But let’s go a later deeper - my down payment would come out of a well performing stock portfolio.
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6 February 2025 | 29 replies
Recently, management changed it so both loans can be made with one payment versus two separate transactions.
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30 January 2025 | 24 replies
If they don't NEED the money for a down payment elsewhere, the income could certainly fund their payment at a new home, rental or retirement home.
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27 January 2025 | 0 replies
Why move and take on a bigger payment when you’re already locked into such a good deal?