This is typically raised from investors and it's used to close on deals and to operate the asset(s) after closing. 

Then you raise the concept of wholesaling with financed EMD's.

(This allows us time to raise rents plus appreciation over 5 years to then do a portfolio refinance to pay back the line of credit). 

Looks like we have to raise the rents.

Just like @Nicholas L. and @Scott E. use him to get pumped up and to feel motivated but stick to books, BPs, and real-life experience.I would never invest in one of his deals, I believe the big returns were cash-out refis after raising rents and the others are like 3%.

I just raised our rates for 2025 and we have about 25 days booked for next season.Our property values are outta sight but there aren't as many STRs as in the Smokies for example.

Over time, raise the rent to see what the market will bear. 

Likewise, the Fed will not hold interest rates high for a prolonged period of time (but the next couple of years will see them elevated I guess)… In the short term they will continue to raise them to continue to combat inflation.  

hi, stick to the lease. it’s his responsibility, he sounds upset because you raised the rent (if he doesn’t like it, he’s welcome to vacate) 

Appears this may be a C/D property problem disguised as a TP issue.The point of my raising the fact that I replace anything that is broken is to suggest that I’m not a slumlord…I do take pride in what I do and I respect and try to keep up with any repairs in a timely manner.