Larry Nielsen
Raising Rent on Newly Acquired Property
14 November 2024 | 21 replies
Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually when rents are increasing or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.
Tyler Fremarek
First property at 22
23 November 2024 | 2 replies
Monthly rent is $1,850 and plan to increase next year.
Tom LaRocque
Higher deductible killed conventional and FHA - Now what?
16 November 2024 | 3 replies
I am an insurance broker in Colorado and can confirm that most insurance companies are increasing to minimum 8% deductibles on most condos.
Benjamin Carver
Building an ADU in Raleigh NC: Here's What You Need to Know
27 November 2024 | 1 reply
Accessory Dwelling Units (ADUs) are an increasingly popular way to generate additional rental income on an existing property.
Jason Dumbaugh
Sell or Rent primary residence?
20 November 2024 | 12 replies
Put the profit towards a new Primary residence and ~$50k towards a rental property.2) Rent it out and eat the cash flow loss, hoping rents increase.
Chris Pickett
When to do remodel
25 November 2024 | 7 replies
My question is, if I want to remodel aspects of it to increases its valuation does it make sense to wait until I rent it out a year to someone or do it before hand ?
Lisa Bowles
New To Real Estate Investing
19 November 2024 | 5 replies
It's not absolute, but it increases the odds.3) Take care of your tenants - According to Zillow, tenants stay on average 3-5 years in a rental.
Kyle Deboer
Raising Down Payment Money
28 November 2024 | 15 replies
The BEST method for real estate investing is very simple: increase earnings, reduce expenditures, save, and invest from your own funds.You should focus on increasing earnings and learning how to manage your budget.
Thomas McPherson
Feds Cut Rates Again - Predictions for New Office
21 November 2024 | 7 replies
They will try to cut the FED prime rate, increase tariffs, and shake up global trade.
Brandon VanTuinen
First house hack - too expensive?
16 November 2024 | 8 replies
The mortgage has gotten out of hand due to property tax increases, miscalculated escrow, and an increase in my interest rate from an initial buy down, increasing from $2600/mo to $3200/mo.