we invest in value add plays (no major rehabs) 10-40 units.

I completely understand your point about pricing adjustments driving faster leases, but my experience has shown that other factors play a significant role in a rental's performance over time.For example, I own three rentals with very different dynamics:1. 

I’ve seen situations like this before, and keeping control of the contracts has always been the better play.

I plan on my income jumping a fairly good amount, especially since I will transfer to working a full time position.

Transparency is important to me, and I want to build partnerships that are fair and mutually beneficial.If you’re in California or have an interest in the multi-family market here, let’s connect!

So if I am looking at an asset as a 10 year play - I look more at the location, schools and how has this market performed in the past excluding covid and 2008 which were extenuating circumstances.Reality is right now shorter term plays do not work based on numbers and cost of financing - we went through this same thing in 2001-2004ish timeframe where properties would appreciate 2-3% per year and after buying costs and closing costs - you were not making money on assets unless you performed the labor or found a really good deal.this is how real estate "typically" is - which is why everyone always says location location location - because after a decent holding period, you will win.

Your property manager will play a key role in this team, helping you maximize occupancy, maintain the property, and ensure tenant satisfaction.

Hi, welcome yes Ohio's market is doing fairly well and if you have any questions please reach out.

HELOCs are much tricker than a closed end second - they don't typically allow you to close in an LLC and they are full doc qualification, meaning your FICO, employment history, income, DTI etc all come into play.

When an owner passes away, the property’s tax basis is reset to its fair market value on the date of death (this is known as the “step-up basis”).