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3 February 2025 | 25 replies
To find the best community bank, I would post in a local facebook group and ask which are the best local lenders to work with and ask for a specific contact.
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25 January 2025 | 14 replies
Quote from @Emily Gowen: I only recommend investors sell when they can move the money to a better-performing investment or when the sale moves them closer to a specific goal.
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18 January 2025 | 9 replies
We also love podcasts so if any specific episode of the BP shows come to mind let me know!
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29 January 2025 | 11 replies
@Jemini LeckieIf investing locally is not in the cards I would do some research and pin point a market that fits what you are looking for and then reach out in the forums for that specific market and ask more detailed questions.
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20 January 2025 | 5 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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21 February 2025 | 250 replies
The vast majority charging considerably more.
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22 January 2025 | 25 replies
That said, there are alternative ways to meet the requirements, and with proper planning, you might not need to rely on these specific tests if most or all of the participation comes from you during the first year.
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26 January 2025 | 11 replies
It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.
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20 January 2025 | 5 replies
You might consider other strategies, like taking a home equity loan or refinancing to fund repairs, but consulting with a tax professional or CPA would be the best next step for your specific situation.
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6 January 2025 | 7 replies
These are all important considerations, and understanding the requirements can save a lot of headaches down the road.