All Forum Posts by: Mike Dmuchoski

Congrats, Fredrick.  Nice work on your Sec 8 rental.  I have clients looking to get into Sec 8.  How was your experience finding tenants?  

Have you considered an assumable mortgage for your next one? 

Hi Alex, welcome to the BP community! I specialize in homes with assumable mortgages in the Phoenix area, which have been quite successful for both me and my clients. Tapping into interest rates in the 2-4% range makes cash flow possible again, along with multiple other benefits.

Nice work, Josh!  What part of town?

Update:  I actually read your title this time, haha!  Sorry about that.  

Hi Jay, welcome to the BP community! I specialize in homes with assumable mortgages in the Phoenix area, which have been quite successful for both me and my clients. Tapping into interest rates in the 2-4% range makes cash flow possible again, along with multiple other benefits.

Hi Vanessa. I specialize in homes with assumable mortgages in the Phoenix area, which have been quite successful for both me and my clients.  Tapping into interest rates in the 2-4% range makes cash flow possible again, along with multiple other benefits.

 The MTRs are furnished so we’re providing more of an all-inclusive service (similar to STRs). 

@Hughston Thackham

For LTRs, the tenants will mostly pay the utilities. However for MTRs, we typically pay for utilities with the caveat of a monthly cap. It’s meant as a deterrent so the tenant is more conscious of the energy they use.

Additionally, if working with condos or townhomes, some utilities are included through the HOA fees.

Using investor-approved loan assumptions, we make long term rentals a reality again in Phoenix.  Avoid the risk of taking on a sub-to deal. Enjoy cash flow today plus the upside of appreciation tomorrow. Reach out, I'm here to help!

Jeremy, if you still need them, shoot me a DM and I can offer a few referrals. 

That doesn't sound right!  DM me and I can offer a local referral.