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1 March 2024 | 39 replies
If rent increase is 5% or more, tenant can demand relocation assistance.
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1 March 2024 | 6 replies
(If the house comes back a mess after inspections I'm pulling out as I have 0 contracting experience and don't want to pay for anything crazy)Here are the numbers I ran (calculated at a 3% value appreciation per year, and 3% rent increase a year)I found a great PM who I trust, she's 10% a month (Is that standard?)
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29 February 2024 | 8 replies
I think you need a new accoutant, or else your financial situation is more complicated..A STR to me is still a rental....The nature of flipping is that it will be part of your ordinary income.
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29 February 2024 | 8 replies
Data includes contact information, personal information (hobbies, interests, and anything important to them), financial/RE goals of the person, etc.- Identify and target lead sources: i.e. sphere of influence, potential sellers (i.e.
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29 February 2024 | 15 replies
It will come with a slight rate increase but overall worth it as the rate will typically be much better than the F&F.
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1 March 2024 | 19 replies
I know it is not an optimal rental with how big it is but I am confident that the equity will be increasing quickly along with rent rates given how much money Lennar is pouring into the area and we have low rates.
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29 February 2024 | 13 replies
My wife and I bought a duplex when we got married and it greatly increased our net worth doing the first few years.
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27 February 2024 | 4 replies
The top Vacation Rental Hacks I've learned in ten years as a BNB operator, DIY'er, investor and broker that has sold over two dozen vacation rentals: - Hosting and ManagementUse a local Super Host, neighbor or new friend to reduce operating costs and increase property TLC.
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27 February 2024 | 8 replies
As long as you have good credit and the DTI is low, you should be able to get a conventional with as little as 5% down.Alternatively, you could add value to this house, increase equity, then pursue a cash out refinance and roll the cash into the next primary property.
28 February 2024 | 0 replies
On 2-19-24 we put under contract 5 duplexes (1.398M) to increase our rental portfolio to 23 doors.