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26 November 2024 | 0 replies
With such low rental yields, the return on investment (ROI) and cash-on-cash (CoC) return are negative when factoring in mortgage payments only, not including any other factors.In this market, it seems almost impossible to make a profit using traditional rental property investing strategies.
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14 November 2024 | 11 replies
BUT, If you do not plan on refinancing your loan in 1-5 years, then you could get better pricing on a DSCR loan.
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15 November 2024 | 4 replies
Do you have any properties yet, or are you still looking to find the first one?
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14 November 2024 | 7 replies
@Emory Clayton what other potential renters do you have and what size is the house.
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19 November 2024 | 1 reply
I wanted to share this information and keep it here for myself as well.
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14 November 2024 | 13 replies
Most people do not have that availability.
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15 November 2024 | 1 reply
The accuracy depends on the quality and recency of their data in your market.
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14 November 2024 | 11 replies
Please do not act as an unlicensed manager, it will only result in issues for both you and your friend.
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14 November 2024 | 8 replies
You are doing great.
26 November 2024 | 4 replies
I've been interested in a property listed for 230k on the market for some time now, and it was listed for 270k.