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20 October 2024 | 12 replies
CMHA also approved a substantial increase in the section 8 rents.
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17 October 2024 | 4 replies
What I focused on as a PT agent was:- Personal Circle/Sphere of influence: Go to every bday party, baby shower, bbq, anniversary, etc. and just show interest in the other person's life.
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21 October 2024 | 4 replies
They follow a straightforward process that has proven successful throughout history: increase earnings, reduce expenses, save as much as you can, invest as much as you can, and wait patiently.
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20 October 2024 | 13 replies
The shorter the prepayment term has an impact on increasing the rate.4.
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21 October 2024 | 17 replies
Even though we were lucky to find someone fairly quick, we did notice the rental pool of renters was a lot less but still out there or the home rental pool has increased (maybe both).Good luck!
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20 October 2024 | 14 replies
From there, I was able to keep rolling my funds back into projects and keep increasing the margins.
20 October 2024 | 3 replies
I did all the labor and will have to come up with my labor worth (Finalizing this number but its in this ballpark)$3,575 Current Rents > $2,545 Previous Rents (40% Increase) - Unit 1 $595 to $750 - Unit 2 $650 to $900(when I move out) - Unit 3 $650 to $1075 - Unit 4 $650 to $900$360k - $400k ARV > $380k x 75% = $285k - $225k = $60k Cash Out?
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22 October 2024 | 12 replies
We cash flow on average $3K a month once leased on a 3-5 year commercial lease with increases built in.
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19 October 2024 | 16 replies
In short it doesn't matter if you increase how much income a residential home is leased out for that will never improve your property value it's always based on how much homes in that area sell for. commercial real estate on the other hand has a few other ways properties are valued including the income approach.
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13 October 2024 | 2 replies
I want to increase my personal income to help fund a second rental, but my career limits me mainly to remote jobs and gigs.I’m curious if there are any other investors out there that started with a similar skill set to mine, and what other skills they developed to help increase their W2 income and to help build their real estate knowledge and experience?