Tenant pays for almost everything, including HOA, property taxes, ordinary R&M.

When assembling your hard money loan package, include an executive summary, property appraisal, renovation budget, proof of funds, and borrower qualifications.

Hello everyone, anyone I have spoke to about REI in my personal life all tell me the same thing: don’t get into real estateThey are all people who have had properties themselves, have tried to rent them out and have told me horror stories of tenants and how repair costs or costs to property managers make it disadvantageous to earn profit or scaleI’m trying to invest with my spouse who is also included in these conversations.

And which terms should I include in the lease to be protected as the landlord?

This includes, repainting and patching some holes. 

To find investment possibilities, consider elements including property pricing, demand for rentals, vacancy rates, and economic trends.Think About Financing choices: Investigate your choices for financing a possible real estate purchase, such as FHA loans, conventional mortgages, home equity lines of credit, or other innovative financing techniques.

Here's a simplified and effective approach: Gather Information: Obtain details about the property, including its purchase price, estimated rental income, expenses (such as property taxes, insurance, maintenance costs, and property management fees), vacancy rate, and any financing terms (e.g., interest rate, down payment, loan term).Calculate Gross Rental Income: Determine the total potential rental income the property could generate annually.

This includes the basement which will be a 2/1.

However, will this include access to the audiobook...like several other BP books?

I use Baselane for most tenant-related features including tenant vetting, developing the lease, collecting deposits, collecting rents and for all my bookkeeping related features.