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22 July 2024 | 9 replies
I am looking to build a SFR for short-term rental, would be my first-time new build.I have engineer plans for well and wastewater stamped by the state of VT for up to 4 bedrooms.
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22 July 2024 | 2 replies
The rentals are paying the holding costs on it so far (taxes and insurance are high in this market).
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22 July 2024 | 5 replies
My situation is I have on rental but don't feel knowledgable enough.
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23 July 2024 | 5 replies
Thanks in advance. we allow it in our rentals - and as noted it is similar to pictures.
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22 July 2024 | 17 replies
What I mean by that is their income, credit, and rental history would have to be stellar.
22 July 2024 | 7 replies
Hello, I think it’s really awesome that you’re just now beginning and you are already coming to the forums to learn so the first thing you need to do is to continue to stay on the forms and you also need to be reading all of the bigger pocketbook and start listening to their podcast to soak up as much knowledge as you can and as long as you do that, you will have all the knowledge you need to start and regarding your question I do not advise to buy a single-family house just to live in it without a rental property aspect so it’s OK if you want to live in the house as well but you will have to either get a multifamily property or you could also buy a single-family home and rent out the other rooms now see when you have a property that you use just for your family then you have to pay the mortgage every month which is building your equity, but that responsibility is solely on you whereas if it has some sort of rental property aspect, there will be other people helping you build that equity if you were to buy a property just for yourself that is something that will be taking money out of your pocket every month while as a rental property if you buy right will be putting money in your pocket every month the only exception to what I just said is if you buy a property for yourself or just for your family to live in, you could do a live-in flip to where as you’re living in the property you rehab it while your living there and if you buy right with enough knowledge, then when you turn around to sell the property, you will make profit
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23 July 2024 | 4 replies
I have owned rental properties for years, but am new to managing them myself.
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21 July 2024 | 9 replies
Their net rental income for that year 6 (assuming 5% rental increases per year but increases in management fees, utilities, taxes, insurance) would be 24k.
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22 July 2024 | 2 replies
Hello I'm a 17 year old very interested into getting into rental properties, What are some good tips/tricks or books/Podcast etc.... to read.
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18 July 2024 | 5 replies
We will most likely be doing a long term rental.