
13 August 2024 | 13 replies
That said what you are saying seems to be echoed elsewhere and fits how I would look for properties to rent.

14 August 2024 | 22 replies
Also, you can seek an exception from most DSCR lenders and they get approved at a high rate, it will just come with an increased origination fee (usually .5% for exceptions) or a interest rate add on.

15 August 2024 | 5 replies
They're great when you live at the property, but can then destroy your anticipated cashflow if / when you decide to move out and rent all units.- When house hacking, be sure to establish a good relationship with your tenants, but avoid "being friends".
13 August 2024 | 7 replies
That takes my time most nights, and weekends to receive/pack/ship those products but is super flexible with time.On top of that, I self manage 6 of my own rentals, the cash flow pays for my current mortgage and repairs so it makes living in my primary house free.Experience now:My wife and I have 6 rental homes locally, all rented, all cashflow.

16 August 2024 | 5 replies
It’s a great deal and overall renting 1 side pays the mortgage…and yes I’m am going to be hiring TrueBooks as my tax advisor soon!

11 August 2024 | 16 replies
But as time went on, rents kept going up along with everything else in life.

15 August 2024 | 10 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

15 August 2024 | 3 replies
Not only will it have a negative effect on landlords, I would imagine some owners of single family homes will choose to sell to an owner-buyer, thus reducing the number of rental properties on the market, making it more difficult for renters to find places to rent.
12 August 2024 | 3 replies
Hey I have a property that I'm going to renting out.

15 August 2024 | 8 replies
Many reason I stay away from Condo's including:HOA regime feesUnexpected and expensive HOA assessment fees for upgrades or repairs that you may not agree with.RulesClose proximity to others that could cause disagreementsSaturation and competition on renting condo's ParkingI would personally never buy a condo for these reasons and look for a deal on a house.