Market activity continues to increase and peaks June-August when kids are out of school and parents don't have to worry about mid-term school transfers.Finally, many owners only look at PMC pricing, so have never asked their PMCs enough questions about rental property marketing, showings, prospect screening and what information about all of it will be provided to them.Here’s some questions we hope it’s not too late to ask:What websites does your property show up on when you Google the address?

Realtors and brokers nationwide are celebrating what they perceive as a new dawn for increased activity and a robust economy.

.- I have not done a brrrr since the rates increased in early 2022 because in my market they bleed cash after I perform a refi to extract some of the value add

Bought in 1999 for 120k. 7.5% interest rate with pointsRents when purcashed: 500 and 600 - Total 1100/m80% of 120k at 7.5% = $671/m (Just mortgage payment - no Insurance and taxes included)Today:Property is worth 560kRents are 2000 and 2200 - Total 4200/m4 years left of payments.Rent increased almost 4x and value almost 5x2.

My house hacking plan is to get a distressed MFH using a FHA 203k loan with about 3.5-5% down, and fix up the property to increase my equity.

We plan to remove the carpet next year and install LVF to increase property's value and potentially bump the rent. 

Knocking out improvements over the holidays, and selling beginning of the year when interest rates drop and home prices increase due to demand.

We can possibly increase leverage to 85/100 starting with your second deal. 90/100 comes after 3-5 exits.

Rents tend to rise over time, amortization steadily increases equity, incomes rise, so the investor has a lot of “cover” for unfortunate timing or operating “mistakes”.Number 2 - periods like 1932 - 1941 and 2008 - 2013 are much harder on this strategy.  

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