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10 February 2025 | 7 replies
If so, shifting that to the tenants at the time of lease renewal is another great way to decrease her overall debt service.Other good ways to increase revenue in the mean time:- Raising washer/dryer prices. this may only equate to $4-$5 per unit per week, but its better than nothing- If there are any unassigned parking spaces, meaning not attached to any lease, make them paid only any offer them to tenants at a new fee.
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23 February 2025 | 3 replies
Funny story, but actually one of our MTR tenants is an interim VP for Cone hospital who is in charge of their real estate development acquisition department.
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23 February 2025 | 5 replies
I think RI will continue to appreciate and over time as you(tenants) pay down the mortgage creating more equity.
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12 February 2025 | 1 reply
.✅ Lower Vacancy Risk – Losing one tenant doesn’t mean losing all your cash flow.✅ More Affordable for Renters – Competitive pricing attracts a steady stream of demand.✅ Built-In Community = Lower Turnover – Tenants stay longer when they feel connected.✅ Allows You to House Hack a Single-Family Home – No need to compete for pricey duplexes and triplexes!
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7 February 2025 | 6 replies
What would one of you suggest for a medium term operator whose tenants may be over using a specific utility like gas or electric.
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7 February 2025 | 11 replies
What I am getting at is, that tenants are often late, and you will have to become accustomed to working with tenants.
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16 February 2025 | 3 replies
There is around 500k equity in the property. 150k-200k would get the property fully rented at top dollar with desirable tenants. 100k would get it to where I can rent all the units back out at fair reasonable market rents.
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21 February 2025 | 28 replies
If not, you must get a job to cover the difference.Lasts Throughout Your LifetimeYour rental income relies on your tenants maintaining stable employment at comparable wages.
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16 January 2025 | 8 replies
You looked past a red flag right at the outset:"When application was made tenant was I am not going to to have my puppy with me so do not need pet fee or application"Total red flag.
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15 January 2025 | 3 replies
I understand this is not a requirement, but I have never received a damaged unit from an inherited tenant or any legal issues.