All Forum Posts by: Isaiah Stiverson

Hello everyone. About to have my first multifamily property under contract with my partner in Cincinnati, OH. Got it for a good price once I raise the rents.

All tenants are on month to month leases, and I know that rents can go up $100- $150 per unit right from the start. Am I able to give them a 30 day notice that the rent will go up or I will not be renewing there lease? Please let me know if there is anything I should beware of. Being a rookie I just want to make sure I do it correctly and legally . Excited for this journey and thanks in advance!

Hey all Multifamily investors, I am relatively new to the multifamily space, and I have been doing research for several months now. I have a good foundation through books, YouTube, podcasts, BP, etc. The plan is to start making offers in September. I know closing deals is easier said than done and there are tons of steps to closing, but I am ready to grind my way to financial freedom. I am 24 and the goal is financial freedom by 30!
For all of you experienced investors, what is you best advice for someone starting out, and what specific action/ research should I be taking the next couple months to be ready to make offers in September? Also please reach out if you have any insight in multifamily or the Cincinnati and Dayton, OH area. Thank you in advance to all responses! I am looking forward to sharing my progress with the community!!