Not saying we did it alone, but I'm proud that Carrot has been a key driver over the last 8 years of helping to elevate the conversation in this market and to raise the bar for running an ethical, honest, and highly impactful business that is here for the long-term. 

@Christopher GarciaHave you ever raised capital before?

You will have basically no cap ex or maintenance expense and will be able to raise rents by the time any of these expenses start.

In certain parts of Texas the property taxes are raising faster than rents can keep up.It’s not talked about much, but rentals are not always a moneymaker, especially the first number of years.

This is a great place to raise kids. 

The property does not hit the 1% rule currently but I believe with all the continued development in the community that within the next couple years I can raise rent enough to hit the 1% rule.

Hello Misael, I would do a thorough market research to verify that you can get the rent increase you want, you might find out that the market is oversaturated with rentals.If you are trying to raise the rent $100/mo, 1 month of vacancy ruins your rent increase for the whole year.I would list the property for lease 45 days before your tenant's lease expires, if you have your property priced right you should get some applicants before your lady moves out.

It was an 8.11% cap rate with current rents with upside to raise rents by 20% with renovations done to the property.

If you're a Connector or getting into underwriting, please review these points on some of the things to ask borrowers who want to raise capital.

Probably not.Consider adding amenities to attract guests and raise your prices to fit that level of quality, but keep your guests number limited to less.