Zachary Kessler
Section 8 Rentals
24 December 2024 | 5 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
Drue Fourmont
Any advice for his investment situation?
20 December 2024 | 1 reply
Sometimes pulling out equity and reinvesting it elsewhere..maybe in a smaller, more agile asset..can give you the cash flow boost you’re after without giving up a solid property.Improving the property’s current performance by making it more appealing to tenants or tweaking lease structures could give you a nice bump.
Shawn Tuma
MF House Hack w/ VA Loan
19 December 2024 | 10 replies
@Shawn TumaFrom my experience, you can boost rental income and manage mortgage costs by targeting value-add properties and exploring mid-term, short-term, or room-by-room rentals.
Phillip Austin
Nightmare Tenant - This is why you need a property manager!
24 December 2024 | 7 replies
If that is the path moving forward we will be left without a home as of 9/21/24 which will create incredible financial, mental, and physical stress on our part.
Breeya Johnson
Is Austin, Texas Still A Good Place To Invest?
24 December 2024 | 12 replies
Recent zoning changes now allow for three dwellings on a single parcel, and parking requirements have been lifted in denser areas, both of which have boosted the local housing supply.
Logan Pritchett
Creative financing Mobile Home Parks
18 December 2024 | 3 replies
Are you planning to hold as-is and focus on cash flow, or do you have a strategy for infill, increasing rents, or improving park infrastructure to boost value?
J. Mitchell Bernier
New HUD Nominee: Great News for Housing Affordability
19 December 2024 | 1 reply
Extending and expanding these credits could be a huge step toward addressing the affordability crisis by boosting supply in struggling areas.It’ll be interesting to see how Scott Turner builds on his past work with Opportunity Zones to drive progress.
Jessica Kiely
New rental - attracting a qualified tenant
30 December 2024 | 8 replies
I book marginal candidates in between strong ones to create a scarcity mentality.
Kenzer Hodgson
New to STR
19 December 2024 | 6 replies
Dynamic pricing tools like PriceLabs or Beyond Pricing can help boost your revenue by adjusting rates based on demand.
Rene Hosman
Have you tried tools that report your tenants rent to credit bureaus?
20 December 2024 | 12 replies
One positive I can see is it could help some tenants boost their credit scores, while also incentivizing them a little extra to pay on time.