If you take a cash-out refinance from one rental property and use that money to pay off another rental property’s mortgage, the IRS looks at how you use the loan.

How many units do you plan to acquire in the next 3-5 years?

It’s also important to be mindful of local regulations and how they impact MTRs, as Cleveland’s neighborhoods can have different rental rules and demand.Let me know if you need any more specific details about Cleveland’s MTR market!

That's how we run the metrics for the monthly mortgage payment on the new loan.

 How much generational wealth will you build ? 

Looking for opinion about DealMachine and Leadcruncher and any other systems you might know about. 

It hasn't come up for me on a transaction yet and I'm curious how it's playing out in practice!

How much percentage am I legally required to pay him even though I found the property myself?

I am a successful real estate investor who recently acquired his real estate licence to help people achieve the same kind of success and I thought what better way then to write down everything I know into a short compact book full of important information.

@Emily ShayIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!