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18 September 2018 | 16 replies
I currently remotely manage an STR (although it's only a few hours away) using a combination of Evolve Vacation Rental network and technology such as Nexia/Schlage digital door locks and other automation hacks for guest communication.
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30 September 2018 | 91 replies
After renovation was complete, I rented out one unit for $1,650 and the other for $1,500 for a combined $3,150 per month on a 12-month lease.
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17 August 2018 | 3 replies
Mike compares different situations of when you want to cashflow as much as possible vs. when you want to pay off your debt faster.
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20 August 2018 | 4 replies
They will be looking at your debt to income ratio and debt service vs rent income on the other "investments".Good luck
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4 September 2018 | 12 replies
His aim is to get a cash out land loan, so that his debt service is low while he gets planning done/gets shovel ready.
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17 August 2018 | 0 replies
They use Debt coverage formula and not DTI.
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4 September 2018 | 16 replies
I own 6 units (SFR + Duplexes in 30032) NO DEBT!!!.
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17 August 2018 | 0 replies
As part of this, can someone share their thoughts on whether debt service (principal and interest payment) is considered a fixed expense?
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18 August 2018 | 3 replies
Combined, I think these three books combined are a great Starter Kit to rental property investing.
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5 November 2019 | 18 replies
I am saddled with student loan debt but want to build wealth and gain financial freedom.