
12 July 2018 | 4 replies
Tenants are gone in 3 days because of unforeseen events and I’m looking to upgrade the unit and raise rent...

11 July 2018 | 13 replies
There is a ton of older housing stock in Somerville and last thing you want is to redo upgrades and renovations.

11 July 2018 | 10 replies
So they actually came back stating the payment delinquencies are due to a broken ankle which stopped her from her serving job which was almost half of her income.
5 July 2018 | 2 replies
The flowerbed had an irrigation system builtin, but the automation system has been broken before we moved in.

6 July 2018 | 7 replies
I am looking for advice, if rent can be increased after some upgrade.

8 July 2018 | 6 replies
This sort of happened to me when a broken limb fell and crushed my shed last year.

8 July 2018 | 2 replies
Then, if the current tenant leaves invest in upgrades to increase value and rental income.

8 July 2018 | 0 replies
.#5 Make Decisions Based on the NumbersYour real estate investing strategy should include the financial parameters by which you determine if a property is worth purchasing.Your strategy may include details about: Purchase price range.Investment cash needed for repairs and upgrades before leasing to tenants.Financing strategy for the short and long terms.Bargain purchase (the percent under fair market value a property must be purchased).Immediate value increase (the percent in increased value you expect after making initial repairs and upgrades).Geographic area.Net income.Cash flow.Net cap rate (annual net income/total value).When you find a potential investment property that fits within the guidelines of your real estate investment strategy, you can pull the trigger based on the numbers rather than emotions and personal preferences.#6 Don’t Buy from Unmotivated SellersMotivated sellers are usually willing to work with buyers, so focusing on finding motivated sellers can result in making great deals as a real estate investor.

25 July 2018 | 3 replies
Renting the property in "As Is" condition meaning they have approved of the unit themselves and I will not do any "Upgrades" to the property.