Research and find areas that still performed well in 2019 and before.

Make sure your lease states when rent is due, when a late fee will be applied (if any), and when a notice to perform will be delivered.

With 780+ credit and 40% down coming from our own home sale proceeds, using our current lender's "customer for life" program to re-apply, and with perfect payment performance over 8 years with them, is the 28% front end DTI written in stone, or is there flexibility?

Hey BP friends,I’m a (brand) new REI in the Asheboro, NC area.

Hey Austin, I have one myself that has been performing better than I expected!

What the landlord does not want is a 10 year lease from marijuana tenant and then landlord stuck renting to them and not in compliance with the law as the building owner.There are bigger brands like Cura Leaf and other so if you look to rent to one making sure it is one of the big brands with tons of units helps for resale to cash buyers.

Any idea to get homes cheaper considering I can’t get more than $750 so buying brand new home may not be a good idea.How can I reduce eviction rate and bring tenants to pay by 5th of every month (I am thinking about selling the homes to residents and collect lot rent but most of the residents can’t afford to $12k outright for homes and I am not sure rent to own or owner financing is allowed for 28 homes by government).

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.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?

It is mainly based on the performance of the property and doesn't take into account the borrower's debt to income ratio.

Or to truly get some expertise behind you for credibility and build a brand, work with an attorney and draft up both the promissory note and a joint venture for good measure.