
10 October 2024 | 24 replies
When you inherit tenants, sometimes they are testing you to see how you are as an owner.

13 October 2024 | 3 replies
Maybe you do a light rehab and raise rents.

11 October 2024 | 17 replies
There’s 7 tests for materially participation.

16 October 2024 | 13 replies
You can also raise rent each year to the following years current market rent.

20 October 2024 | 84 replies
Even with a dozen properties I might need a plumber twice a year, an electrician once, and a handyman a few times not often enough to be remembered or get priority service They raise rents faster and higher than I ever would, this alone virtually pays their 8% management fee and $300 new tenant acquisition fee.

11 October 2024 | 13 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

13 October 2024 | 54 replies
I got the tenants on board by promising not to raise the rent that year.

11 October 2024 | 12 replies
As a side note, Floridas current insurance issues are mostly caused by other factors besides the increase in severity and frequency of natural disasters however (roofing scams and no caps on lawyers fees for claims, both results of bad government policy that resulted in most insurance companies leaving the state and the remaining ones raising rates to account for having to pay for all of the roofing scams and absurdly high attorney fees on simple claims).
10 October 2024 | 0 replies
The three reasons sellers typically choose the off-market route are privacy, potential savings, and price testing.

7 October 2024 | 19 replies
@Bob StevensI was making an assumption that rent was not up to FMR For example in my county if you forget to ask for your yearly raises the dispersion becomes massive and eventually FMR changes can be drastic YoY for a new packet versus keeping an existing relationship.