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6 March 2024 | 5 replies
I would focus on screening your tenants for background, credit, and income to try to avoid an eviction and excessive damage to your property to minimize your turnover expenses and vacancy loss.
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4 March 2024 | 4 replies
Is this a good place for rental Income properties
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6 March 2024 | 8 replies
Are there lenders who will consider my past str track record when determining Debt-To-Income ratio in regards to turning my current house into an income producing property?
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7 March 2024 | 14 replies
MHPs are income stream investments and valued as such.
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7 March 2024 | 5 replies
A couple of "unrealized" income to consider:1.
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7 March 2024 | 82 replies
They're all corporate booking sites (Airbnb, VRBO, Booking.com, etc.)
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5 March 2024 | 18 replies
Generally you want to be closer to break even if you are in negative cash flow, but if you have good income this could still make sense.It's also really important to make sure what you are getting into when it comes to condos.
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7 March 2024 | 15 replies
While navigating these alternatives, you can gain STR market experience, build equity, and potentially generate income to improve your credit score over time.
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6 March 2024 | 3 replies
Increase income, reduce expenses, save, and invest.
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6 March 2024 | 4 replies
Sales price: $900,000Seller finance: $400,000 / 2 year ballon / 7% interest rate / interest only monthly payment: $2,333 / no pre-payment feeEstimated monthly income: $9,300 / Annual: $111,600Electric separated - water $450 per monthProperty taxes: $16,700 (with property value assessed)Property Insurance: $6,300Renovation Repairs $150,000I anticipate the Re-fi appraisal to come in at a conservative $1,150,000.