One could either use the first option to earn more money or counterbalance housing expenses with it.

This indicates a strong market demand and a promising opportunity for investors.Days on the Market (DOM)Reduced Sale Time: The average sale duration has decreased from 86 days to 67 days year-over-year.

If you own a property outright and get sued that property can be foreclosed on to pay that judgement debt, but if it is fully leveraged with a loan it isn't worth them trying to foreclose on because there isn't enough equity to make it worth the effort and expense. 3.

That might be the national average for rent price increases but I don't know if that's a realistic expectation in Memphis.

The Georgia tax foreclosure process provides a way to clear title but it's complicated, expensive, and takes a long time.

They also provide tax services which I do not use, too expensive, and help you establish lines of credit for your business.

For example, if a client gives me the income and expenses on the rentals and it does not include mortgage interest, taxes, insurance or repairs, I have a follow-up question just to confirm that information is accurate.

Due to it being an older property, I had to learn to account for more maintenance and capital expenses.

I need to reach out to local investors who are doing STR in the area and see how many nights a month on average they are booked and what they are getting a night.

I read thru a lot of the rules on this and it seems the "catch" is that you cannot use debt service as one of your expenses.