And I’m thinking  it would raise the rent by 50-100 dollars a month.

Also, would it be a good idea to use a home equity loan for the 50k or does that seem like unnecessary risk since I can probably raise that 50k within one more year?

Forced appreciation: New paint job for the exterior of both units performed in 2024, Rents raised to market rents in 2024Pain points: Collection of the tenant portion on time has been an issue.

That's interesting as they have not raised pricing on me yet. 

I think starting with a mutil family, adding value to it (making improvements if needed and raising rents), is a great way to get started.

*Raises hand*

I am also passionate about Buffalo NY, mostly because I love the BIlls, was born and raises here, and I do all of my business and investing here. 

When I went to collect the rent for the first time from a long-time tenant (she had lived there at least 15-20 years and raised her children in the house,) she said she had a business proposition to discuss with me. 

Even more after you consider the hard money costs. 2) the hard money route is going to cost you at least a few % of the loan value so it’s basically the same as just raising your offer a few percent even higher than “overbidding by an insane amount”.3) the seller’s might be taking cash offers because they know they won’t appraise for the sale price.

We've raised the rents and are getting ready to sell 3 renovated homes on RTO contracts.