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12 July 2024 | 0 replies
By securing long-term tenants and maintaining the property’s condition, I’ve enjoyed consistent rental income and significant appreciation in property value.
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15 July 2024 | 15 replies
Consider FHA loans for lower down payments, but remember, the key is to find properties where the rental income covers your mortgage and expenses, ensuring positive cash flow (although in Austin is will be hard, but not impossible, to accomplish)Aiming for five properties in five years is very ambitious but achievable with the right strategy.
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16 July 2024 | 3 replies
It can produce a great income, but it's a job and doesn't build real wealth.
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15 July 2024 | 3 replies
We are looking to produce an income and value over time.
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16 July 2024 | 3 replies
We are currently between two cities, with Michigan City being one of them and love to learn more about the area from an experience agent.Thank you in advance for your help!
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14 July 2024 | 13 replies
Currently the rental income im getting is covering 30% of the monthly motgage payment so i was wondering is that was a good ratio to justify the house hack.
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15 July 2024 | 8 replies
Hello BP community,I'm interested to learn what most investors do with the portion of rental income commonly set aside for cap ex, repair, and vacancy costs.
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16 July 2024 | 6 replies
@Neal PatelRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder, etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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16 July 2024 | 8 replies
I am looking to sign up for services from Anderson Business Advisors and I’m looking for some feedback from any of you who have used or currently use them.
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15 July 2024 | 50 replies
If they see you have disposable income, they will come at you hard to invest more money into their training and software programs.