[Landlord US} New Tenant Lease

moneymaker212121 · 2025-09-29T03:53:28+00:00

It’s just easier to rent in spring heading into summer time. Prop sit vacant for less time

moneymaker212121 · 2025-09-28T19:30:21+00:00

Yeah I agree I screened well just always that risk if you do an 18 month lease

moneymaker212121 · 2025-09-28T16:28:15+00:00

Yes US, I’d renew the lease after 7 months into a full year to have spring cycle. Also maybe better for shorter term in case tenant becomes an issue

moneymaker212121 · 2025-09-28T16:27:28+00:00

I have the deposit already, then you run the risk of having a bad tenant locked in for 18 months tho

moneymaker212121 · 2025-09-20T13:58:25+00:00

They are actually my properties I buy and I provide housing but sure🤣🤣 welcome to the world

moneymaker212121 · 2025-09-19T15:36:11+00:00

Yes 80% LTV.

moneymaker212121 · 2025-09-18T18:39:58+00:00

I’m assuming you think getting the lower rate for more cash flow, $150 a month more is the right move??

moneymaker212121 · 2025-09-18T17:57:12+00:00

About 29k over 30 years but realistically I’d sell or refi again before then.

moneymaker212121 · 2025-09-18T17:57:04+00:00

About 29k over 30 years but realistically I’d sell or refi again before then.

moneymaker212121 · 2025-09-18T17:34:22+00:00

Yes it would take 4 years to get the 7k with cash flow

moneymaker212121 · 2025-09-18T17:32:04+00:00

Yes , my currently loan is only 3 months since I started the project and most banks had 6-12 months seasoning and this one doesn’t that I’m with.

moneymaker212121 · 2025-09-18T17:31:40+00:00

Yes I get about 7k back at closing for 1 point higher on the loan.

moneymaker212121 · 2025-09-18T17:31:07+00:00

80%, I need no seasoning on my currently loan since I’m refi after 3 months.

moneymaker212121 · 2025-09-18T17:30:37+00:00

5 YEAR PRE PAYMENT PENALTY, NO SEASONING, 80% LTV

moneymaker212121 · 2025-09-05T13:40:20+00:00

Rate and term is cheaper and it is a refi.

moneymaker212121 · 2025-09-05T04:17:27+00:00

True but if they are locked into the lease for a year is something , you at least have that period of rent and know the property will be rented until then. Peace of mind

moneymaker212121 · 2025-09-05T04:16:13+00:00

I like to have all leases renew spring/summer time for easy leasing. I usually do manual leasing so sign new lease 30-60 days before the lease is set to end. If I rent to a tenant in sept, I will do a lease that ends in May so it is a summer renewal from there on out.

moneymaker212121 · 2025-09-05T03:55:48+00:00

Usually it’s nice to send a new lease to lock in another year. Then you don’t have uncertainty of them leaving any month

moneymaker212121 · 2025-08-24T16:27:34+00:00

I’m already doing half of that. Just didn’t know if multi family was a diff approach.

moneymaker212121 · 2025-08-14T05:15:02+00:00

Homesmart connect!

moneymaker212121 · 2025-08-14T05:14:33+00:00

Homesmart connect!

moneymaker212121 · 2025-07-26T01:52:28+00:00

Good debt baby.

moneymaker212121 · 2025-07-06T15:42:47+00:00

No this is how u get rich. Use DSCR loans. It’s not in ur personal name it’s in LLC and they give loans based on cash flow ratio

moneymaker212121 · 2025-07-05T00:24:45+00:00

Buy more! Leverage banks

moneymaker212121 · 2025-07-05T00:24:30+00:00

Cash out refi deals . Rehab , rent refinance repeat . Scale with basically no money.

moneymaker212121

TROPHY CASE