You know a similar thing happened in Kansas City (more specifically Jackson County, MO) regarding property taxes in 2023.

Why not save more money and look at higher value properties?

On the flip side, I am in the process of acquiring over $1.5M in defaulted DSCR loans form borrowers who are your age that put 25% down but had no money to fix any of the problems  = lost the renters and walked from the property.

I was wondering what your experience has been, good or bad with buying rental property in close proximity to the firehouse/station?

Your lender should use the f/f that can finance the property.  

Awesome job with getting a cash flowing property!

You have to be willing to sell your properties and access the equity to buy up. 

I’m averaging about $350/month with the bookkeeper and we’re working with 8 properties and 31 units and 8 sets of accounts as I have one per property.

Here are some pictures of the properties that I have there to get an idea of the style of properties that I have with parters.

Hi Shelby To determine rental prices and demand in a neighborhood, start by researching comparable rentals in the area, focusing on properties of similar size, type, and amenities.