
7 July 2024 | 28 replies
Thankyou everyone for your responses, it might seem a little weird that I want a software to track everything when I have only 1 rental but even if It helps me just a sliver it makes a world of difference for me and plus I also want as much time as I can get to mess around with software and perfect it before I have a bunch of rentals

7 July 2024 | 11 replies
Yea it feels weird so blatantly calling someone out but no one's had a good experience with him yet and It would make it worth it if I could even dissuade one person from doing business with him and getting scammed.

7 July 2024 | 7 replies
Without considering insurance, taxes, maintenance, vacancy, or cap-ex you would need to rent the units for ~$3k/month to break even.

7 July 2024 | 1 reply
Or primarily for sufficient capital for down payment and obtaining a new DSCR or alternative qualifying loan for the target acquisition.Although there are alternative income qualification methods for fixed second loans and HELOC's utilizing bank statements and even DSCR rental income, as the lender risk increases, generally so does the borrower's interest rate.

7 July 2024 | 7 replies
And also look in markets where it seems even some of the top performing listings still have ikea furnishings and iphone photos.For example, in the Poconos market, many listings are still marketed poorly like this, and most homes are 3-4 bedrooms.

6 July 2024 | 2 replies
So we’d be breaking even or negative until we could refinance.

7 July 2024 | 10 replies
.)$1,400 could actually be a shortage, in which case next year the payments will be even higher.
6 July 2024 | 4 replies
Even if I were sued, I document everything and obey the law, so I won't be found guilty.

7 July 2024 | 4 replies
Depending on the situation and how much equity they have you may need to pay them moving money or even cash out some of their equity.

6 July 2024 | 22 replies
An alternative if you wanted to keep it rent neutral would be to stipulate payments on the 1st and 15th of the month, which would give you an even 24 payments over the year.