All Forum Posts by: Andrea O.

Unethical.  If you want to encourage tenants to stay long-term, why do you only offer a month-to-month lease?  Just so you can jack up their rent as soon as they’re settled in?   

@Lou LaMedica I'd love to hear more about other's experiences, too. I bought a property that I'll use as a second office in a new location where I'd like to grow my business in the next several years. I'll rent to a retail tenant on the first floor and one or two additional tenants on the second level (offices). In 3-5 years, I'll consider taking more of the space myself. Cash flow will breakeven with the income from the other tenants, but my business will pay rent to the real estate LLC, so the property will cash flow. In planning for my next real estate acquisition, I'm considering doing this again in another location.

@Kath Marie Wonderful reno!  Congrats!  Thank you for sharing pics and numbers :)

@Max T.  It will probably look hideous.  Can you forgo shutters completely if you need to cut costs?

Very nice @Max T.  great job on the reno.

@Melanie Hartmann It sounds like you made a solid financial plan before taking this leap.  I’m excited for you.  You’ll always find a place in special education if you want to return.  

Thank you @Jorge P. for sharing your experience!