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24 July 2024 | 13 replies
Places like Maplewood, Richmond Heights, Affton, etc. would be where I would start (if looking at long term rentals).
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22 July 2024 | 9 replies
I would say it depends on if the property is a pain and what your long term goals are.
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22 July 2024 | 2 replies
The repair costs will take multiple years to recoup and with the age of the property I'm concerned if it's even worth holding long term or get out while I can before I fall into a money pit and get stuck.
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22 July 2024 | 12 replies
Read your insurance policy before making a claim as I think most do not cover long-term damage especially if it could be easily found and mitigated.
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20 July 2024 | 22 replies
@Tricia O'Brien yes I would recommend them and they currently manage two of my SFH properties (long distance investing).
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23 July 2024 | 6 replies
If it breaks when someone is in there, what is the rental income you would lose and how long would it take?
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22 July 2024 | 8 replies
Long-term rental with substantial services provided.
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23 July 2024 | 4 replies
The west coast markets have traditionally been appreciation markets, and if you are not forced to sell and can hold long term, risk diminishes.
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22 July 2024 | 8 replies
I've closed a decent number of DSCR loans in Virginia in the last 12 months and $600/unit seems reasonable.
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24 July 2024 | 18 replies
I would buy another property before I would pay down debt, as long as my rentals are saving money for themselves.