You should always have the lease break fee in every lease no matter what.

If you are interested in the borrower perspective, feel free to reach out and I am happy to assist.Additionally, you could post this to the WAREI Facebook group as there are many people there who could answer questions for you.John

Keep a close eye on the competition, and price your unit at or slightly below the other available units.Offering a 'free month' is ok.

Obviously at 67 your goal should be to limit debt/risk but you still own quite a but free and clear so it'll be OK.

No heavy rehabs.Use private money or short-term capital to acquire them.Structure that private money to be paid off within about 5 years - smaller loan, faster payback.Then sell the property on terms using seller financing with a 30-year note to a family who wants to own, not rent.The buyer makes fixed monthly payments for 30 years.After the private money is paid off in year five, the income continues for another 25 years - steady, predictable, and debt-free.In simple terms:You’re financing like a car loan but selling like a mortgage.The result is a portfolio of free-and-clear homes that still send monthly payments for decades, without renters, maintenance calls, or refinance risk.Why it works:Shorter debt horizon = faster path to financial freedom.Selling as-is means no rehab costs or turnovers.Owner-occupants take care of the property.Payments are consistent and long-term.It’s not about leverage.

First we need some clarification.
There are two types of Deeds for recording mortgages. There are Deeds of Trust (DOT) (mostly out west) and there are Mortgages. Typically east cost. Each state decides which one it a...

To be financially free.

Hey everyone — I’m researching how closing transactions actually unfold behind the scenes.
I’m not selling anything — just trying to learn directly from people who buy, sell, lend, or close deals.
For those of you w...

http://m.news4jax.com/news/eureka-gardens-concerns-lead-to-inspection-sweep/35615660

Balancing maintenance, upgrades, and cash flow can be tricky.
What strategies or financial tools are you using to handle big repairs while keeping your properties profitable?