
26 June 2024 | 0 replies
It's all about the personal financial statement.

29 June 2024 | 8 replies
What's the name of the position or person who can tell me exactly a price range for what areas of the duplex/triplex need to be fixed and how much they cost?)

27 June 2024 | 6 replies
Most of the sites I've found seem to be more targeted towards investors, and not the person bringing the deal opportunity.

29 June 2024 | 11 replies
Surround yourself with other investors, preferably those that are ahead of you.

27 June 2024 | 3 replies
Here are some tips and insights to consider as you begin building your real estate portfolio:Options:Refinancing: If you have equity in your condo, consider refinancing to access funds for future investments.Investment Loans: Explore options like conventional loans for financing future rental properties.HELOC: Depending on your equity and financial situation, a Home Equity Line of Credit (HELOC) could provide flexible financing for down payments or renovations on new properties.Build a Financial Strategy:Budgeting: Create a detailed budget that includes mortgage payments, property taxes, insurance, and maintenance costs for your rental property.Cash Flow Analysis: Calculate expected rental income versus expenses to ensure positive cash flow.Emergency Fund: Set aside funds for unexpected repairs or vacancies.Research the Rental Market:Location: Choose rental properties in areas with strong rental demand and potential for appreciation.Tenant Profile: Understand the demographics and preferences of renters in your target market.Market Trends: Stay updated on rental market trends and local regulations affecting landlords.Property Management:Self-Management vs.

28 June 2024 | 11 replies
So, when you say they not do report on your personal credit report I guess you are talking about non-recourse loans?

30 June 2024 | 9 replies
Fingers crossed in 7 years I have not had to test my coverage, but in the area of my rentals a golf cart is expected with the rental.When they crash into someone else, did that person sign the waiver too ?

29 June 2024 | 7 replies
My PM used to have a person who did the payments and every year around Feb, she'd send out an annual statement for your taxes showing how much you got in rent, spent in repairs and management fees.

26 June 2024 | 1 reply
I am managing 1 short term rental and my housekeeper prefers to get paid via apple pay.