26 June 2024 | 2 replies
Change things like interest rates and rent payments if they are not currently agreed upon to get a more comprehensive view.
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26 June 2024 | 4 replies
When you rent a home you normally have to get a credit check so it makes sense that someone lending you a lot of money to purchase a home would also want to see your credit history.
25 June 2024 | 11 replies
I ended up increasing my offer on the advice of my agent and got the home.I was told there was no way to verify if there were actually any other offers on the home.
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23 June 2024 | 1 reply
I need advice or assistance on how I should go about this Bundle Deal of distressed properties I just came across.The bundle includes 13 properties (all single-family) that all add up to $407,150 and all but possibly 2 are not in shape to be rented out and would need rehab done to it.
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26 June 2024 | 1 reply
I am currently renting but I like the idea of house hacking to start out.
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26 June 2024 | 1 reply
Hi All,Our tenant's lease requires a 60 days notice, she only gave 30 days notice, and we immediately started advertising the property and were able to secure a tenant fairly quickly where her lease ends on June 30, 2024, and she has already moved out as of June 22, 2024 after paying the rent for the month of June, and the new tenant will move in on July 1st, 2024.
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26 June 2024 | 5 replies
The scammer either:Claims they work for us and our systems are down forcing them to use their cell phone or claims they are the property owner and have terminated us because we couldn't find a tenant for them.They ask for either half a month or a full month of rent upfront, via Venmo, to schedule a MoveIn, but don't really ask for any documentation.These prospects aren't even in our software systems yet and all the correspondence is via text.
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26 June 2024 | 16 replies
You can't just buy a condo in any neighborhood and start renting it out weekly.
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26 June 2024 | 5 replies
Rents in the area are anywhere from $1k-$1300 a month.My plan was to get a hard money loan to get it going and fixed up and ready for tenants, then within about 6-7 months refinance the home with a traditional lender, then sit with that home for awhile until I get fully comfortable with the one house.
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25 June 2024 | 31 replies
(Max vacated rents - your monthly mortgage payment) = +/- net cashflow.