If you want to invest you first need to educate yourself extensively.

If you have a better interest rate than available in today’s market would utilizing/exploring a HELOC make sense for your next investment?

I will go so far to say that the sub-metering was the WRONG choice for us, given the cost, and given that if push came to shove, it would not hold up under scrutiny - by tenants, in a court of law - and therefore by extension, us.

I drove to the house, explained the situation to the tenants, and emphasized that we needed to locate the leak.When the utility worker arrived, he wasn’t in the best mood.

By utilizing one provider for both services, both can be aligned, customized to your portfolio’s needs which should achieve a better outcome overall.Real estate investing can be very complex and navigating taxes, compliance and insurance can be overwhelming and complex, deterring some people from expanding their portfolio or from investing at all.

I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).

Usually the lender will charge an extension fee to keep the same rate.

Research local market rates to set competitive rents, and consider offering utilities or furnishings to attract tenants.

Hi Radhika-Congratulations on being a homemaker with young kids and looking to do more for the family financially now that the kids are older.You have 50K to get started but are having difficulty choosing markets and deciding where to begin and you are thinking about single-family long-term rentals out of state because you live in California.I would encourage you to start with duplexes, preferably with 2 bedrooms in each unit for tenant longevity, and ideally with separate utilities.

FHA-Owner Occupancy Loan, to limit down payment to be able to utilize for maintenance