Because of the Christmas holidays, I was unable to see attorney for advice.

I would not increase the rent in Dec simply due to Christmas, pick another month.

Going through Christmas and New Years, the leads were silent.

Some of us don’t believe in participation trophies or live in their parents basement.. just sayin 💁🏻

My initial underwriting showed expected cash flow after allocating for all expenses was starting just below $2K.We have had one tenant turnover (not the way below market rent unit, but one of the quite a bit below market rent units).Current rent: $7515 with one unit way below market rent and one significantly below market rent and 2 units near market rent.I also took unfinished existing space and converted it into >400' storage area (added insulation and climate control) that we have used to store items related to our STRs and other items we seldom need/use (like Christmas decorations and Halloween decorations).With a single tenant turnover in 2.25 years and current cash flow after all expense allocations being over $3k/month, this purchase has worked out well for us.

The four-bedroom, two-bathroom house, listed by Norfolk Hideaways, is the closest property on the estate to Sandringham House, where the royal family traditionally spends Christmas and New Year.

Merry (Day After) Christmas Kijhan!

I love it when we want a wall taken down, Contractor comes in and makes it seem like a major project, this is load baring wall bla bla bla ,  its a 10-foot double 2 x 12  OR 2x 10 header, and some 2x 4 for jack and King studs so under 100 bux in material and they say 5k, really it takes an hour, again most people have no idea, and most NOT ALL, GC take advantage.Merry Christmas 

Merry Christmas Bigger Pockets Fam!

It's the Christmas-miracle-God-send-hallelujah-unicorn of GSE-backed loans.