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10 February 2024 | 11 replies
I know commercial properties are valued based on the income.
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11 February 2024 | 4 replies
Hi, I will inherit a multi-family property with no current mortgage and 4 Rents as income along with my Sibiling.
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11 February 2024 | 4 replies
But that same person would say don’t pay off the debt, let your tenant do it while I’d be saying I want a smaller payment, or no payment in case income stops coming in.Guess which Bill sleeps bette:At the height of my leverage I was recently “unemployed” and had $30k/mo in mortgage payments due every month that’s small potatoes to some people but how long could I make those payments if they all stopped paying?
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12 February 2024 | 60 replies
Section 8 is not guaranteed income - only the portion provided by the state/city.
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11 February 2024 | 11 replies
Use your income to fund your business.
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11 February 2024 | 4 replies
So whatever income is generated from renting it, is just icing on the cake.We like PPB because of its 7-day minimum (not to get mixed up with Point Pleasant Boro that has a 30-day min).
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10 February 2024 | 4 replies
We also ask for a 2 year lease when feasible as this cuts down on turnover/lost income.
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11 February 2024 | 8 replies
I imagine the cash flow after a remodel from the consistent rental income would be a great way to build wealth.Hope this helps!
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11 February 2024 | 7 replies
Apparently, generally it turns into a self-management type arrangement.As mentioned, don't forget that you'll have to property license the PM company, and take some sort of profit/income from it.
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11 February 2024 | 15 replies
Access to highways, public transportation, and proximity to major airports can impact the ease of doing business and commuting.Demographics:Analyze the demographics of the population, including age groups, income levels, and cultural diversity.