Account Closed Unfortunately you are correct, you are still responsible for all the costs of the property. 

This includes understanding your rights and responsibilities as a landlord.Best of luck with your investment, and feel free to reach out if you have any more questions!

What if your loan has higher costs than you were thinking? 

Hi @Asif Ali Kabiruddin Rajani,What we hear a lot from other Americans is that real estate opportunities tend to cost less here in Europe (especially in countries such as Spain where we are active).A thing to keep in mind though is your tax planning as you will still need to pay taxes based on the US guidelines if I'm not mistaken. 

And an infestation of German roaches that made the pest guy jump (he said).After everything was said and done, we incurred 4 times the cost as I was told/ estimated. 

Feel free to reach out here, happy to see if we might be able to help.

I attempted offers to BRRRR in Indianapolis - huge stressors, renovation costs more than projected and ARVs not high enough (got out of those contracts).

That's 56k, plus closing costs maybe 63k. 

I'm typically free for Saturday & Sundays. 

Approaching 30 MTRs in LA and some in Vegas, I've learned a lot from Allen, who also recently launched a free Skool Community where he has weekly Q&A sessions and provides long-format content on how he operates his MTR business.If anyone reading is in NJ or has an interest in MTRs, the above folks are the go-to people!