8 May 2020 | 3 replies
Once SFHs hit $120-150k or above, the price-to-rent ratio gets out of whack and they are very difficult to cash flow at your criteria, if at all.
9 May 2020 | 6 replies
Electronic payments might be more difficult to remain anonymous.
9 May 2020 | 1 reply
However, lately, the pics are showing a strange file ext ( .HEIC) that is making usage and sharing difficult once downloaded.I'd love your suggestions on hacks with pics and best practice/internal systems your team is using related to photo sharing!
13 May 2020 | 8 replies
It's expensive to get started and it's a difficult place to cut your teeth due to laws that tend to favor tenants over landlords.
8 May 2020 | 1 reply
If you've already been renting by the room that is probably way more difficult than renting out the entire house to one tenant/ family.
8 May 2020 | 2 replies
It gets difficult, and sometimes not worth the effort, but you may be able to get a judgement against them for what is owed.
11 May 2020 | 11 replies
It doesn't seem like that should be such a difficult thing to achieve if banks are lending out money on loans making 5-7% percent on the low end and typically much higher rates of interest.
10 May 2020 | 3 replies
This will be very difficult to cash flow.
12 May 2020 | 22 replies
This significantly makes it difficult to make the numbers work.
13 May 2020 | 10 replies
Suggestions:1) get good rental property insurance that covers loss of rents for covered reasons: fires, etc; 2) be a good landlord and treat your tenants as customers you will reduce liabilities with an ounce of prevention; 3) Get umbrella insurance which also helps to covers your assets in a suit; 4) IF you get an LLC you must run it as a separate business or it will not provide you any protection (I'm not an attorney, but that's my understanding); meaning if you combine your business funds with your personal funds, they will be able to demonstrate it behaves as a straw company and really the courts should ignore it as a separate legal entity (my understanding of the risks). 5) LLCs can make lending/borrowing more difficult, until you want to borrow non-conforming loan funds (non-Freddie/Fannie) or you hit your 10-15 property limits with Freddie/Fannie, at which time you'll need to go to commercial lenders who will WANT the property/loan to be in an LLC. 6) As you grow your portfolio keep in mind conventional lenders will look at your DTI (debt to income) ratios.