Sometimes there’s discounts and benefits if it’s a bank that you use for checking or savings, so if you have banking relationships with any of the companies below I would start there!

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

I currently work with Ace Management and Reality and have worked with them for 3 years now.

Additionally, quick and effective marketing proved crucial in attracting buyers swiftly.Challenges: We faced challenges in ensuring correct pricing and marketing for a quick sale and managing the double closing process.

Who Manages My Rental For Me?

You should be getting $1,800+ in rent based on the duplexes we manage. 

My property manager is on top of everything for me.

I think the property management company that manages my property is up to no good.

I don't have any experience in construction, property management or managing a project like this.

Can anyone recommend an insurance company for homeowners insurance.