How does line of credit work?

But sometimes, the biggest impact on your portfolio comes from the less glamorous parts of the business, like maintenance.

Simply put, there are a few ways to go about it and we will share our most effective techniques with you below.Use the Search Feature to Discover Motivated SellersWhether you’re spending time on Facebook, Twitter, Instagram, or another social media platform, the search feature could come in very handy to help you discover motivated sellers.

It's a tax on the gain.How is this calculated?

The rate will be very high on this as standard.

Once you line up the financing or cash, then the real fun begins.

You hit the nail on the head: not all lenders are created equal, and those initial offers that sound too good to be true usually come with hidden fees or rigid terms that can cost you down the road.I always tell newer investors to shop lenders like you’d shop contractors — ask questions, compare line-by-line, and don’t be afraid to walk away if it doesn’t feel right.

The rents have been absolutely on fire the past few years.

Do you need to have your bookkeeping done on a monthly basis?

You could forbid smoking inside, but allow it on the balcony.