This cap typically remains in effect unless there is a "change in ownership or control" or a qualifying improvement to the property, among other exceptions.

These updates modernized the property, improved its curb appeal, and increased its market value.

These updates modernized the property, improved its curb appeal, and increased its market value.

Currently I am on MIBOR's Economic Community Development Council where we get to learn and help fund non-profit organizations that are improving our communities.

You will make mistakes, but you'll learn the most from mistakes - this is how to improve your life.

From there, it takes about 20 of these potential sellers to get you a deal in 3-4 months.If you're calling higher quality lists, those conversion rates can improve a LOT, data quality is everything. 

The Assessments levied by the Association shall be used exclusively for payment of Common Expenses including, without limitation (i) the upkeep, maintenance and improvement of the Common Areas and other maintenance obligations set forth in Sections 10.1 and 10.3 below; (ii) maintenance, repair, replacement, and operation of rights-of-way and easements within or immediately adjacent to the Project (e.g. landscaping and sidewalks within the right-of-way of adjoining streets) to the extent that such actions are required by government entities or deemed appropriate by the Board, (iii) promoting the recreation, health, safety and welfare of the Owners and other lawful occupants of Lots within the Property, (iv) payment of property taxes for the Common Area; (v) insurance premiums; (vi) legal and accounting fees; (vii) management fees; (viii) charges for utilities and other services provided to the Common Area by the Association, if any, and for all utility charges paid or incurred by the City and reimbursed by the Association for street lights in the Common Area; (ix) costs to maintain the entrance features, including any electricity, landscaping and irrigation expenses associated therewith; (x) the performance and exercise by the Association of its rights, duties and obligations under the Project Documents, and (xi) maintaining any Stormwater Control Facilities located on portions of Common Areas to the standard required by the governmental entity or agency having jurisdiction over such areas.

Then rent appreciation improves cashflow.If you want better Class B property cashflow, you would need to buy 2-4 family properties.Regarding setting room rent, check out competition on Zillow and divide the rent by # of bedrooms.

Although wholesaling is always a numbers game, there are things you can do to improve your chances.

It throws off a nice cash flow and has room to improve.