Definitely look at your market to see what the competition looks like.

Should I tell them I’m raising the rent due to lots of competition???

While mortgage rates are a non-issue for you, the challenges of rising insurance costs and market fluctuations might deter other buyers, potentially lowering competition and prices.

The Fractional 1031 exchange is into a ~$20,000,000 ground-up construction multifamily deal.

I've learned to push the limits while still being polite, and to find ways to make our needs match those of the seller.We set ourselves up for success in the competitive real estate market by learning how to negotiate, figuring out why sellers do what they do, and using good methods.

Keep in mind, most sellers know that a money market throws off nearly 5% right now and the terms I see expected are not competitive with a bank.

Working closely with a lender experienced in San Antonio's real estate market can provide valuable insights and competitive rates.Upgrade and Enhance: Consider renovations or upgrades that can increase rental income and property value.

Our market in Chicago has very low inventory, it's very competitive and the opportunities are harder to find.

What I can say is that the headlines about the difficult tenants and rent restrictions cause issues or a small fraction of property owners - but you'll never hear about the 99% of cases where tenants are paying on time and respect their landlords' properties. if I'm in your shoes, in terms of recommended criteria, I would opt for looking for strongly appreciating areas and not just monthly cashflow.

worth it in my opinion as it only set us that much more ahead of our competition.