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4 September 2024 | 2 replies
@Belinda Fello- Usually, when you rent a property that has an HOA, you have a term in your lease that requires the tenant to comply with any rules or regulations of the HOA.
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30 August 2024 | 0 replies
Purchase price: $165,000 Cash invested: $50,000 4 bedroom home with a 1 bedroom apartment attached.
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2 September 2024 | 5 replies
The author shares a wild story about discovering his long-term tenant was secretly running an Airbnb out of his apartment.
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3 September 2024 | 1 reply
I’ve prequalified for a mortgage as long as I have a signed lease saying I’m renting my current house.
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30 August 2024 | 8 replies
I know Fannie/Freddie changed the guidelines for a cash-out refi to 12 months, but I'm seeing something called a no cash-out refi/limited cash-out refi.
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1 September 2024 | 8 replies
Short-term goal/first milestone: acquire enough rental properties to generate $2,000 in monthly cash flow after expenses.In my current situation, my wife and I are dealing with a mortgage of $74k at a 3.5% interest rate on our primary home.
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3 September 2024 | 5 replies
These companies typically handle the construction and sometimes even the property management, which can be a great way to enter new markets without needing to be hands-on.In terms of returns, BTR properties generally offer stable cash flow, especially in areas with strong rental demand.
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5 September 2024 | 3 replies
Purchase price: $1,000 Cash invested: $1,000 Sale price: $4,500 Wrote letter to off market property land owners.
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6 September 2024 | 4 replies
Hey Stepan, I have a few S8 tenants in Detroit, but most of my tenants are "cash paying".I'd start by searching the forums here for "section 8" related threads.
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3 September 2024 | 47 replies
Only the cash portion is insured.