Single-family rental investing means buying a standalone house and renting it to a tenant for monthly income, with the prospect of long-term appreciation.
Log in to followWritten criteria on my first house are 3x monthly rent in gross income, 620 minimum score, no evictions in seven years, two years of verifiable rental history. I wrote them before…
Renewal comes up in seven weeks on a three bedroom that leases in that pocket at about 2,040 today. My tenant is at 1,850, has been there twenty-six months, pays on the first ever…
Talking to two owners this month who run the same size portfolio and hold cash in opposite ways. The first funds each house separately. Every property has its own account with rou…
I've been reading pro formas instead of buying anything, and the same pattern shows up in nearly all of them. Rent grows 3 percent a year, expenses grow 2 percent, and by year fiv…
The service business had a good year and after taxes and payroll I have about 180k sitting in an account doing nothing much. I want a rental. I've read enough to know what I'm loo…
I have 52k saved and I'm looking at houses in the 130 to 160 range where 20 to 25 percent down plus closing plus a light turn puts me somewhere between 40 and 48k in. Which means…
I've got two houses I can realistically pursue in the same metro, forty minutes apart. The first is a build-to-rent unit in a new subdivision, everything under warranty, likely ca…
A listing came through this week at 289k asking, and the same street rents at about 2,050 for a comparable three bedroom. That's 0.71 percent of price in monthly rent. Twelve year…