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31 October 2024 | 23 replies
Find out what the going rate is for rent, increase it a bit for the shorter term and if they stay over 14 days, have a per day fee that escalates if they stay longer.They can always get short term rental to stay in and put their stuff in storage.I would NOT start any work until they are out.
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23 October 2024 | 3 replies
Hi, if I have an existing contract with a voucher tenant and want to request a rent increase, what should I keep in mind that would cause the reasonableness rent to be lower?
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30 October 2024 | 16 replies
@Jeff Fortuna@Dan Rowley @John McKee - I'm receiving roughly 7% CoC returns for my two investments, with projections those will rise in future as they are able to realize contractual rent increases.
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31 October 2024 | 10 replies
In my opinion it is a great RE specific alternative to something like QuickBooks (especially with recent price increases to QB).
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29 October 2024 | 24 replies
People who are wealthy buy their time back before they blow the grossly increase their standard of living.
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28 October 2024 | 8 replies
This seems not to be a viable option because there would be an increase in my interest rate.
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31 October 2024 | 17 replies
Deciding between an SFR or a BRRRR strategy can really depend on your risk tolerance and the type of cash flow you’re aiming for.The BRRRR method can be great for long-term equity building and maximizing your returns if you’re up for a more hands-on approach, especially in markets where property values allow for renovations that increase value.
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28 October 2024 | 0 replies
Tesla Inc. appears to be on the verge of a major expansion of its huge factory in eastern Travis County, with recent filings indicating the Elon Musk-led company intends to add 5 million square feet to it — a 50% increase from its current size of 10 million square feet.
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29 October 2024 | 16 replies
” - **Highlight Benefits for the Seller**: - **Quicker Sale**: Explain that seller financing can make the property more appealing to potential buyers, increasing the chances of a quicker sale
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29 October 2024 | 2 replies
But not sure if I'm overlooking anything else that would cause increased scrutiny.Also, to clarify, my overall goal with the property is simply long-term wealth building through mortgage pay down and appreciation so I'm not targeting properties with very high cash flow thus the focus on tax writeoffs.