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9 April 2024 | 19 replies
Here's a list to give you an idea:Startup Costs:Down PaymentClosing CostsProperty InspectionAppraisal FeeProperty InsuranceInitial Repairs and RenovationsEmergency FundOngoing Expenses:Mortgage PaymentsProperty TaxesUtilitiesProperty Management FeesInsurance PremiumsMaintenance and RepairsVacancy CostsProperty DepreciationLegal and Accounting FeesRemember that these costs can vary based on factors like location, property type, and personal preferences.
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9 April 2024 | 11 replies
The only person I would seller finance to is a solid long term tenenat, who has kept the property well over the years.
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9 April 2024 | 3 replies
It may be the same person if they have the given experience and knowledge.
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9 April 2024 | 9 replies
These accounts offer tax advantages and can be a powerful tool for long-term wealth building.Focus on Education and Networking: Continue to educate yourself about real estate investing and personal finance.
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10 April 2024 | 7 replies
I find when people have no true personal investment they generally don't care.
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9 April 2024 | 10 replies
I wouldn't charge more for rent if it was a family of 4 vs a couple or charge less if it was one person in a 2 bedroom home.
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9 April 2024 | 3 replies
@Matthew Meizis - I have some templates that I have used personally.
9 April 2024 | 7 replies
So, they might give you pointers about what criteria you need to meet for them to loan to you, because you'll be a responsible person.
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9 April 2024 | 5 replies
Probably a rare person that can answer that or maybe even any of the real differences.
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10 April 2024 | 70 replies
Do you have any sort of personal relationship with the investors or are they strangers?