Maintaining clear communication with existing tenants is essential during redevelopment projects.

Maintaining clear communication with existing tenants is essential during redevelopment projects.

While there are many options on the market, targeting neighborhoods with consistent renter demand and investing in well-maintained properties will help you attract tenants more quickly and reduce vacancy risk.

Balancing tenant needs during phased renovations has also been a learning experience in maintaining cash flow while preparing for larger improvements.

I’m collaborating with an investor who can help cover the remaining balance, but since the property isn’t in the best shape, and maybe fairly priced, but I’m evaluating how much room I might have to negotiate.

I have had a fair amount of recent success because I offer a pretty high rate of 11% secured by note and deed of trust on my houses in va and nc  but want to hear other peoples success stories besides local meetups.

fix them up well, and list them at a good fair market price (this goes back to what your ARV was to begin with), and get that on the market (lower is better to build up to that price, and attract more buyers)!

I'm fairly confident from reading online we don't qualify for an exemption, but I'm trying to assess actual closing costs to trying and reduce them All details:Bought the house 2.5 years ago for $980K (left on mortgage $753K), we have a clause for an assumable mortgage for me to take over (I can keep same rate).

I don't agree with this exact order but to be honest and fair, there is more than one way to do it right.

On top of that, the tenants are lower-quality, so it takes more work to maintain communication, enforce the lease, etc.In my experience, the additional work and eventual losses erase any benefits of Section 8.