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27 February 2024 | 4 replies
For example, if you want credit scores above 600 but you accept a 580 once, you can never in the future decline someone with a credit score between 580 and 600.The gray areas…I like a credit score above 600, I like my tenants not to have bankruptcyI like my tenants not to have a lot of debt (such that payments impact the Gross = 3X number)I like my tenants to have a history of paying on time Here is a scenario: Tenant “X” gets past all the instant declines.
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26 February 2024 | 1 reply
This deduction is typically claimed on Schedule E of your tax return.Points Paid for Refinancing: If you paid points to refinance your rental property, you usually must deduct the points over the life of the loan.
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27 February 2024 | 19 replies
In a typical $1000-1500/month rental I think most people would be expecting a $100 faucet with $100 to install.
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27 February 2024 | 3 replies
And as a new investor, typically you don't that much money to put towards handyman every time something goes wrong.
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28 February 2024 | 30 replies
Typically, eventually the tenant will move out but not as agreed and not per the timeline agreed, in fact most times, they will actually go from a receptive/agreeable stance in person (such as you experienced in your meet up) to a challenging and accusatory stance later on as you get closer to move out and the worst keep going to downright damage and nightmare issues.
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27 February 2024 | 7 replies
For example, in 2021 and 2022 we we're getting regular bookings from travel nurses for $3500-4000 for 1 bedrooms.
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27 February 2024 | 29 replies
most around us hire one of those but we typically do it as part of the project if we are hired as the contractor.
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27 February 2024 | 28 replies
Owning a STR is not like owning a typical house, even a LTR.
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27 February 2024 | 13 replies
@Ian A. and @Catherine Brennan What you're seeing is quite typical of the UP overall, doesn't matter what city you're located in.
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27 February 2024 | 6 replies
For example, 4th of July week, Bear week and Carnival I got $4,000/week for.