Purchase price: $112,000 Cash invested: $25,000 Mid Term rental How did you find this deal and how did you negotiate it?

I started with a house hack and re-used that equity later on to get to 10 rental units.

Hey @Yonna Wu, we have a couple clients that have rentals in the Rosharon area.

I want to make sure Im prepared with the correct documentation to rent out my condo and would appreciate all opinions if im missing anything: - I have the rental application- I have my rental property agreement that I will have the renter sign and make copies of and provide them a copy.- I have the statement of condition that I will have the renter sign and make copies of and provide them a copy.- I will have them provide a copy of their tenants insurance for my records. - Will provide receipt for first and last months rent.- Im thinking of not charging security deposit because of all the strict MA laws and just using the last months rent as a sort of security deposit, thoughts?

With the amount of changes they've made throughout the years I would not be surprised if they have the feature in the pipeline to be added in the future.Love the online payments and applications.

But for the unit you’re living in, you can’t do that.2.50/50 Split: Since you’re splitting expenses down the middle, make sure you both agree on how that’s going to work, especially since your unit won’t be bringing in rent.3.Your Unit: You won’t get to write off depreciation or rental deductions for the unit you’re living in, but you might still get homeowner perks like mortgage interest deductions.4.Partnership Stuff: Just make sure you and your partner are on the same page about how you’re splitting costs, income, and who’s handling what.Might be worth chatting with a tax pro to make sure everything’s set up right.

For today’s episode, I'm planning to purchase another rental property and have been researching various down payment strategies.

I have had a number of questions (how to handle land contract payments, how to set up security deposit refunds, etc.) and between their online support and responses to my questions via email, I have yet to run into a situation I couldn't address. 

The rents are collected weekly instead of monthly, so there are more rental periods each year, but I assume expenses may be higher as well.Does anyone have experience with SRO real estate?

- Are the markets likely to experience the most rent and price growth going forward likely to be:     - Markets with the lowest supply coming online    - Markets with the best schools    - Markets with the lowest crimeAnyways - food for thought!