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11 February 2025 | 8 replies
Lenders do not look at your personal income or debt and will use the current market rent or lease (up to 120% if the lease is significantly higher than market rent or vice versa) as qualifying income.
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6 February 2025 | 7 replies
There aren't any good wholesalers in the Cleveland market.
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1 February 2025 | 3 replies
Cincy and Dayton are great markets.
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30 January 2025 | 3 replies
Chicago, with its vibrant neighborhoods and strong rental market, is a prime location for this strategy.
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31 December 2024 | 1 reply
I am now looking to enter the Chicago market, I have heard good things about that market.
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11 February 2025 | 6 replies
It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.
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11 February 2025 | 9 replies
@Joe Frank I’m a huge fan of Turbo Tenant to market properties, manage leads, screen tenants and lease up.
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27 January 2025 | 23 replies
I know this is also a National issue, especially in land constricted markets.
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11 February 2025 | 0 replies
One unit was rehabbed with $15,000 and a new leaseadded at market rent.