
29 November 2021 | 16 replies
A good tenant is someone who:Has stable employment in a market segment that is very likely to be stable or improve over timeHas a credit history with which you can evaluate the likelihood that they will performPays all the rent on scheduleTakes care of the propertyDoes not cause problems with neighborsDoes not engage in illegal activities while on the propertyStays for many yearsGood tenants are the exception, not the norm.

28 October 2021 | 0 replies
When generating the tax ID from the IRS website the form has a separate area for mailing address... but for passive income for say rentals...if you don't office in that state, it is not always easy to have an associated physical address in another state.

28 October 2021 | 0 replies
If managed and invested will this equity will be the root for generational wealth.

29 October 2021 | 2 replies
Most lenders want a consistent employment of at least 2 years.

2 February 2022 | 14 replies
You will likely spend less time analyzing deals going forward.I don't know how much time you are putting into your W-2 job, but if you are putting in that many hours that you don't have the time to take care of your own financial freedom, you may be with the wrong employer or wrong industry.With that said, you may want to consider these options if you truly don't have the time1) Work with a vetted syndicator2) Pick a market and work with a turnkey provider3) Buy a house that is in turn-key condition and have a property management company manage the property.Best of luck!

28 October 2021 | 6 replies
-All other terms of 1031 exchange must be the same.That being said, you can use 10% down financing for a secondary home allowing me to purchase a higher priced property and hopefully that generates more income.

29 October 2021 | 2 replies
I'm fully employed and do this on the side.

29 October 2021 | 3 replies
Husband works for a multinational healthcare solutions company and provided an Employment letter (employed since 2014 & $210k salary + bonuses) and copies of their passports and work Visa valid until 2025.

5 November 2021 | 12 replies
Look at the steam generator it might have a logo on it (like KOHLER).Sometimes they are inside the sink cabinet below the sink, (Beware the Steam Generator is live electricity 100% of the time--hardwired in).Somebody is going to have a very relaxing rental.

29 October 2021 | 12 replies
Maybe you can attract some long term employed people (Hospital, Post Office, Grocery Store, Target, Dollar General, etc...)(???)