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5 December 2024 | 14 replies
I am an investor and realtor as well but I focus mostly on fixing up distressed properties to increase value and grow the equity and that usually allows better cashflow also.
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10 December 2024 | 16 replies
I'm okay just keeping the equity increase for now, but any tips on how to raise rent given the renovations I did already?
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6 December 2024 | 9 replies
I am happy to consider listing with a realtor, but the price would have to increase to accommodate commissions.
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5 December 2024 | 6 replies
The shorter the prepayment term has an impact on increasing the rate.4.
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4 December 2024 | 17 replies
Also, rent typically can be increased every year.
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4 December 2024 | 15 replies
Start small with a multifamily property in areas showing job growth, population increases, or redevelopment potential.
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6 December 2024 | 45 replies
There are very few places where you can still get anywhere near the 1% rule, and in Omaha you really don't have to look that hard to find those opportunities in droves.Not to get too into the weeds, but I have a thesis that the Midwest as a whole will begin to outperform the coastal and southernmost cities as time goes on-- primarily driven by increasing COL & decreasing QOL in said coastal urban cities.
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4 December 2024 | 4 replies
One of my fathers properties taxes nearly increased by $3000 and it was only $3800 before I tried to appeal all of my properties and unfortunately got denied
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4 December 2024 | 0 replies
I ended up renovating the home completely and was able to increase rent and secure another 2 year tenant with three garages rented.
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5 December 2024 | 6 replies
For sure get hard quotes for the reno and for insurance and property tax increases.