Here are some tips to help you negotiate effectively:Know Your Numbers ColdBefore entering any negotiation, understand the financials of the deal inside and out.

A good rule of thumb is to have at least $5 to $10K in reserves per unit to cover these situations and avoid financial strain.Thank you for the reply and help!

Life is financially good even without doingSelf Storage.

Working on my financial fundamentals, namely saving enough free capital to invest.

I'm wondering what tools and resources you all use as rental owners and investors to get or keep your financial ducks in a row?

As you delve deeper into the world of real estate, staying informed and adaptable will be key to achieving your financial goals.

Purchase price: $45,000 Cash invested: $40,000 Renovation Overview: 1453 Southfield Dr, Columbus, OHWe've transformed 1453 Southfield Dr into a modern residence.

Greatest financial pitfall when owning a rental property is vacancy time.

This complete transformation has upgraded an outdated property into a contemporary and functional home in Columbus, Ohio.Renovation Details:Kitchen: The kitchen has been entirely renovated with new cabinetry, modern appliances, stylish countertops,

I think new builds in such areas is a great idea, but financially it's very hard to make the numbers work since you will probably have a very hard time finding comps.