Switching tactics to long term.

I would consider buying a home in the Poconos as a long term rental.  

It’s been interesting seeing how fast Phoenix inventory moves lately.A lot of investors I’ve talked with are shifting to off-market acquisitions just to stay competitive.For those actively buying — are you focusing more on flips or long-term holds right now?

With the right setup, however, they can be highly effective.Some of our clients have even found that hiring a dedicated full-time team member, particularly for finance, bookkeeping, or marketing, offers better control, simpler expense tracking, and more long-term stability, especially when it comes to tax planning.Each approach has its pros and cons, but the key is aligning it with your business structure and overall tax strategy.Happy to connect if you want to know moreThis post does not create a CPA-client relationship.

Purchase price: $150,000 Cash invested: $37,500 Turn-key long term rental in Akron, OH What made you interested in investing in this type of deal?

Other than Zillow, what are the best sites to advertise a rental, single family, long-term?

Sounds like in your situation a cash out refinance would be the better option since it is less risk and you can get a lower payment/rate verus a heloc.There is a lot of issues than can arise with a Heloc which is the same as a credit card verus liquid reserves tax free cash in hand that can be used as an asset for PITI reserves or collateral in general for compensating factors in underwriting or rate/term qualifications.I enjoy helping other BP members save more time and money I say it a lot here on the BP forum but its super helpful to avoid mistkes and lost deals as well.  

I’m thinking 6 months to start just to make sure they’re a good tenant before a long term lease.

Hi there, I am interested in purchasing my first long-term rental property in the St.

They may well have some specific and unique to the property "special terms" where you might have "quiet hours" spelled out, or parking assignments, no window AC's allowed etc. but the bulk of the tenant responsibilities are covered in the main sections of your "standard" Rental Agreement (it might be a "Standard" form from a stationary store, or an online source, or BP, or your own that you drafted with the collaboration of your RE Attorney.