District of New Jersey | Leader of Real Estate Investment Firm Admits Role in $658 Million Ponzi Scheme and Multimillion-Dollar Tax Evasion Conspiracy | United States Department of Justice

Well, saving a buck here and there can usually work....

I really enjoy the property manager, they're getting 4.9 reviews for it and their team is great to work with.But I’ve only had a handful of profitable months, most of the time I’ve been paying either the mortgage myself or unexpected cleaning & maintenance bills, and my savings has run to zero, so it’s a big loss so far.

So the lease will be higher than the advertised rent, they will be responsible for minor repairs, they are responsible for obtaining the proper licenses and pay all the taxes for their business operation (If you don't do this, you will regret it one day you see a tax bill that you as the property owner who are responsible for), and they required to have a STR insurance policy. 

The determining factors on which markets to consider investing include: a stable and diverse economy, low property taxes, landlord friendly laws, job growth, population growth and a business friendly climate.

Can you qualify full documentation for a construction loan (IRS taxes net for a big loan plus what your housing is today unless you move in with family)?

I'm quite disillusioned with the situation here in Spain, and here are a few reasons why:- We have a socialist government keen on hiking taxes and undermining businesses.- We're grappling with the social phenomenon of "squatters", individuals who don't pay rent and the government allows them to live in your property rent-free for 24 months before eviction.- Spain's population pyramid is a mess, with sky-high taxes and increasing insecurity in many areas.- The rental yields in premium zones of central Madrid barely reach 3.5% - 5% gross due to government policies, such as the rental index imposed by the socialist government.For these reasons and many more, I'm considering investing in Miami.

I had to get financing, because I had not money, no savings, no rich relatives and was only on the job 9 months when I bought my first property.

Tax sales are usually full of them.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).