Making long-term tenants even more valuable.Show the tenant what market rent is and ask them what a fair increase would be.

Even though the nightly rate is high, the RE has such high value that the margins are fairly tight.  

When an owner passes away, the property’s tax basis is reset to its fair market value on the date of death (this is known as the “step-up basis”).

You've probably heard of big Landlords losing property, but only because they were flagrantly violating Fair Housing, running a slum, or otherwise violating the law in an egregious manner.

Whether we agree with these items or not, the following are inflationary government policies: stimulus, student debt relief, tariffs, increased child tax credits, limited immigration, and big government deficit spending.

@Angelo LlamasAt the bare minimum, you should do the following to make your bookkeeping easier:- Dedicate one checking account and credit card exclusively to real estate.

Others want a higher reward so take on more risk, like low credit tenants.

In MA, you can usually get insured with Fair Plan with certain pets, but it is VERY expensive.  

I already had my own business, some cash, lines of credit and a solid contractor as a partner which is how I have grown my portfolio so aggressively over the past few years.Unfortunately, $8k is not going to get you very far despite the promises of no money down investing.

Transparency is important to me, and I want to build partnerships that are fair and mutually beneficial.If you’re in California or have an interest in the multi-family market here, let’s connect!