
7 March 2024 | 5 replies
Check with your lender what your new payment would be on the existing and what that would allow you to afford on your next purchase.You can still do an owner-occupied loan up to 4 units but if you're using your FHA/VA loan you'll have to go conventional 5-10% down.

7 March 2024 | 7 replies
@Moss Siridajnawanan send the tenant a Notice to Terminate Tenancy, or whatever your state version of this NOW.Typically, you can put the end date of the lease in the document.This is a legal document that tells the tenant you do not want to renewal their lease and also allows you to start eviction process the day after the lease ends if tenant does not move out.
7 March 2024 | 14 replies
Based on income, a tenant may only get partial financial assistance with the rent, some may get their rent paid 100%, some get an allowance toward their utility bills.

7 March 2024 | 2 replies
Refinancing can allow you to pull out equity, providing you with additional funds to use for the down payment on a new property.Look into financing options for purchasing a duplex.

5 March 2024 | 6 replies
I stay away and do not allow the 5 piece vinyl sets because the seems fail.

7 March 2024 | 3 replies
You can probably get a bank account set up that will allows your tenants to make rent deposits.

7 March 2024 | 8 replies
I’m gonna be totally honest with you, it’s extremely hard if not impossible to replace a full time 40 hour a week with rental income at least in the shorter, it’s the type of thing that helps you retire a little early and have a buffer in retirement, my grandmother has been in poor heath for years, those properties have allowed us to give her the best care possible, if you don’t already own a home and feel comfortable with your budget and the ability to live in that house for at least a few years, I’d get started on that don’t even need to over complicate it, find a budget, find a house you like and can see yourself in at least for the medium term buy it.

7 March 2024 | 1 reply
Depending on where you are there may be conventional products that still allow you to put as little as 5% down.

7 March 2024 | 7 replies
Real estate professional status is valuable because it allows us to reclassify these rental activities to active.

7 March 2024 | 14 replies
The HOA told me that though that's a bit low, they will allow it as long as I use area rugs so that 80% of the unit is covered by rugs or carpet (I have carpet in the bedrooms).