A collections agency will be engaged to collect the rent owed if they don't pay.

It could be worth engaging with the MSO or the owner to explore adding a renewal option or gauging the MSO’s future plans.

There's a sucker born every minute.The best way to build wealth is to increase earnings, reduce expenses, save, and invest wisely.

These allow you to:1.Force Appreciation: Actively increase the property’s value through strategic renovations.2.Leverage Equity: Either refinance or flip the property to build more liquidity for your next deal.If you’re interested in chatting more about strategy or need guidance, feel free to shoot me a DM.

Piggybacking off Peter's number 1 point- get the design team (architect and engineer) engaged as early as possible and let them get construction documents/drawings going as soon as you're sure of the deal going through.

House hacking cash flow increases depending on how little space you can live in for a year (or more).I can't speak to Minneapolis inventory directly, but multi inventory is low in a lot of places.

I don't know how much the $ impact is of your rate increase, but how much are you increasing rents?

Love to engage and interact on BP, but geez are some of the people here ignorant when it comes to Crypto!

I've been keeping my eye on San Antonio a bit as it seems it's going through a correction and potential for cash flow may be increasing.

In many of the C-class neighborhoods, rental rates are exceeding the expenses for investors.As of April 2024, the median price of a home in Ohio was $238,700, which is a 4.7% increase from April 2023.