It's a fantastic strategy to pay down debt.Assemble a team of professionals, including a real estate agent, mortgage broker, and possibly a property manager.

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

Tenant is not present in the rental and has cut off all communication.

. $2,500-$2,700 in rent but have a $1,900 mortgage (including current property taxes) plus $100 for insurance, plus a 10% chance of no one renting and another 10% set aside for repairs.After all that I'm in a range of breaking even or making $200 a month with this as a rental.

@Kenneth Hynes - Not sure of the cost in your part of the world- but in the Omaha area, refinishing hardwoods runs around $2.75/sft, including the stain and poly. 

My main gig is I own 28 Subway restaurant franchises, including in this town and if that's the rumor they want to spread, I'm fearful of the fall out to my restaurants.

Hi John,The value of an extra bedroom is generally the largest among those three items, and it is much less complicated to do than adding a bathroom which includes all the plumbing.

To calculate the price per unit in an apartment building with common areas, you'll first need to determine the total cost of the building, including the common areas.

Even if that included driving there or going out with your partner to dinner and talking about how the business can make more money. 

. - Furniture & DecorThis is up for debate but for most short term rentals, those that are themed, have quality furnishings and a cohesive presentation typically produce better occupancy and revenue results.