You know what the payment is so you can add that amount to the customizable expenses which would obviously skew your ROI and would not keep track of your pay down and that type of thing.

Keep learning and assessing your financial position as you grow.Good luck!

I am keeping the front facade the same, so only the rear and side of the building will look different.

So, you may not have have the ability to increase rents because Section 8 limits how much you can charge, which may not keep up with inflation.Not everyone has Section 8 issues as my clients had, but you will more likely to have more problems than with non-Section 8 tenants.Multi-Family vs.

In terms of feedback from our team, we’re leaning towards buttoning down the hatches, keeping rent increases low, and focusing on maximizing occupancy in our New England markets.

Wishing you the best of luck as you move forward—keep us posted!

If rates stay high, do you think inventory will keep climbing, opening up even more deals for buyers who are ready to pounce? 

Tenants want to feel heard and know their concerns matter.2.Clear Communication: Keep tenants informed about the status of their requests.

The truth is, another investor is always just one phone call or email away from taking what could’ve been your deal.So, as you navigate the season of celebration, keep this in mind:- Be ready to act, even when it’s inconvenient.- Every hour counts, especially with motivated sellers.- Opportunities don’t wait—neither should you.The holidays are about giving, but they’re also about recognizing opportunities and making the most of them.

in our area that is a real big deal.. we did another demo and left a few pieces of flooring an inspector came on our job determined they had asbestos in them and we violated taking asbestos items to the regular land fill.. that cost me 19k in fines and 18k in lawyer fees to keep the fines from being really big..