To improve cash flow, consider increasing rents, exploring short-term or mid-term rental options, or leasing units at higher rents.Good luck!

If your town has tourism appeal, converting to STR could potentially increase your returns.There's also reasons to consider selling:Market conditions: Michigan's real estate market has seen significant appreciation in recent years.

However, we can see that the increase in listing inventory may have caused prices to soften as the summer progressed.

Looks like you removed CapEx in Proforma and increased repairs/maintenance by only $3,500?

The price per sqft is very high for an office built out for medical use.. however, there is an in place tenant paying strong rent with 3% increases for 10 years (close to 7% cap, NNN)What I don't understand is why the tenant agreed to pay close to 2X market comps in rent in price per sqft per year for this facility.

Hi @Jorge Vazquez I agree it was mainly lawsuits, scams and fraud that drove up the rates but how are regular investors and homeowners supposed to absorb these huge increases.

The important points often glossed over are (1) is the buyer providing their personal guarantee to the seller for the note (2) is the seller maintaining a wrap position so they can foreclose in the event of default and gain ownership (3) is the buyer putting up additional collateral (4) how large is the down payment (5) what is the LTV (6) is this a personal residence for the seller or investment property (7) will the property cash flow and if so what will the cash flow be (8) is the property in a increasing, declining, or stabilized area (9) is the property being sold at market value, or above market value because of the low interest rate of the existing mortgage and (10) how experienced and what is the track record of the buyer, and is the buyer purchasing a property for investment or to live in or otherwise use.  

Cash flow has been compressed for ALL asset types by the increase in interest rates, and there is also increased competition for STRs. 

This should be your priority, not interviewing 6 law firms for what amounts to a very  simple legal engagement. 

To do the cash out refi I want(leaving more cash in the deal than taking out) I would only have a $200 increase in the PITI.