That was 2011, so I was fortunate to have appreciation on my side.

Fortunately with the concessions I was able to get and having two tenants in place when I closed made the financial burden much easier.

I was fortunate enough to have a good friend of mine show just as much interest in real estate investing so we formed an LLC and went to work.

I am also fortunate enough to be able to have it cost them an additional $190 if they do not pay by midnight on the 1st.

The only time i'd pay attention to the future increases is if something is changing around that property such as gentrification, new fortune 500 employers coming into town or an area with huge historical growth.

I was fortunate enough to have a good friend of mine show just as much interest in real estate investing so we formed an LLC and went to work.

Happy new years everyone, I was recently fortunate enough to find my own real estate investing mentor, someone I work with at my W-2 job.

Fortunately there are tools like the Series LLC, which costs slightly more money to create, that you only need to go through the process of forming once.

From finding new tenants, to turning over a unit, to dealing with issues as they come up- I'm fortunate enough to have a friend who helps me out in MA with physical needs, but it's never done as well as I would personally do it.Your situation is going to be unique to you, for instance - your daughter.

Fortunately for me most tenants renew there leases.