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4 February 2025 | 9 replies
@Quan Pham have you investigated at all the potential increases in property taxes and home insurance (need to have landlord policy) and included them in your cashflow calcluations?
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4 February 2025 | 4 replies
You really shouldn’t be running your business on a stranger googling answers for you but…the google says: Depending on the rental agreement, Georgia landlords typically must provide a 60-day notice for lease renewals or terminations, while tenants generally need to give only a 30-day notice for lease termination.Jan 18, 2024If a new lease is not signed, and the landlord continues to accept monthly rent, the terms of the original lease still apply, except the landlord is required to give sixty (60) days' notice before she can terminate the lease or change the terms, and you (the tenant) are required to give thirty (30) days' notice before leaving.So you can’t non-renew until the end of April and you can’t even increase the rent until then.
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12 February 2025 | 6 replies
Ypsilanti township has increases from 10-20% YOY in assessed values.
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5 February 2025 | 3 replies
Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.
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28 January 2025 | 1 reply
Increased demand for historic district rentals and excellent rental history.
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5 February 2025 | 5 replies
If you are open to value add strategy, small multis have potential for not only traditional forced appreciation but also the ability to see major rent increases.
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30 January 2025 | 0 replies
The two-family property now has better curb appeal and the rental units are much more desirable, which has helped me increase my rental income.
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30 January 2025 | 7 replies
@Paul Whitney Detroit property values increased over 20% in 2024:https://detroitmi.gov/news/detroit-home-values-increased-ave...https://www.cbsnews.com/detroit/news/detroit-home-prices-amo...https://www.detroitnews.com/story/news/local/detroit-city/20...DM us if you'd like more info...
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8 February 2025 | 10 replies
When they started screwing with us last week about appraisals and then having to give them an ‘after reno’ price for the house when they had no idea what we were doing the house to increase its value, I did mention to the partners I thought we’d been scammed.
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17 February 2025 | 9 replies
This is an okay fix for now, next step I am looking at checkbook control to increase flexibility.