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15 July 2024 | 9 replies
Let her know that it is only for her to live in and if she has guests that stay for more than 2 days (or whatever you think is reasonable) in a 6 month period, she needs your permission....or she has to find another place to live.
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14 July 2024 | 4 replies
Luckily my newest and largest property only took three months to complete all majors repairs and for bookings to start filling up consistently.Do you have a mortgage?
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15 July 2024 | 11 replies
This may affect your ability to hit a desired cap rate or monthly cash flow.
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14 July 2024 | 56 replies
An LED lights up the room so much better and does not get dusty.No, the house does not have central air, but this is Ohio so A/C window units are commonly used for the couple months of the year they are needed.
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15 July 2024 | 19 replies
The other 9 are looking for unicorns(purchase for 100k, ARV of 500k, rent for 5k a month).
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15 July 2024 | 9 replies
We have 5 doors with another property manager and I'm on the phone with them from twice a month to twice a day resolving issues.
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14 July 2024 | 4 replies
@Jimmy JeffersonI have a detached garage I rent out for $430/month.
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14 July 2024 | 17 replies
You will want to save at least 25% down and 6 months for reserves.
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14 July 2024 | 7 replies
If I'm understanding you correctly, you wanted a loan for 100% LTV at $625k with a 25yr amortization and a $2,500/month payment?
14 July 2024 | 3 replies
Since then we have moved out of the area and been renting it out for the past few years.We are slightly negative on cashflow, about $100 a month or so when you account for a 3rd party property management service and expected repairs etc.Our challenge here is the home is old.