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27 February 2024 | 10 replies
My SOP is to contact the current landlord and employer, require proof of income for the past 3 months, and use Rent Spree for background, credit, eviction, etc.
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26 February 2024 | 11 replies
After that, my goal would be a steady stream of income while I take a few months to re-assess and figure out the next step in my career.
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28 February 2024 | 7 replies
With the potential rental income versus your mortgage and expenses, breaking even or making $200 a month doesn't leave much room for unexpected costs or vacancies.
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28 February 2024 | 14 replies
Look for ones that let you input costs, potential income, and estimated property value increase to get a rough idea.
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27 February 2024 | 7 replies
Leave your W2 or just get some side income/diversify your investing portfolio?
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27 February 2024 | 7 replies
I would need to use some creative financing since DSCR loan would be tough since no income from the property because there is no tenant yet.So, that’s where I am.
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27 February 2024 | 0 replies
Planning, such as selling in a year with lower overall income or using a 1031 exchange, can help minimize this tax.
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27 February 2024 | 7 replies
One applicant has a 530 score but seems to have a stable job with 3X income.
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27 February 2024 | 4 replies
check with your insurance agent if your insurance covers rental income during repairs.
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27 February 2024 | 11 replies
Section 8 comes with benefits like reliable government-backed income, potential tax advantages, and lower vacancy rates.