Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
-- We focus on verifying 2-year work history and verifying rent payments with last 2 landlords (unless in same property for 5+ years).3) MoveIn Specials: be careful with offering "free rent" as will just attract tenants with no cash.-- Try free TV or something else worth 25-50% of one month of rent.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?
Michael Lam
Advice on investing in small multifamily rental properties in Cleveland Ohio?
30 January 2025 | 32 replies
In 2022 the rents increased 12.1% year over year which was the 3rd highest in the entire country per https://www.axios.com/local/cleveland/2023/02/14/cleveland-rent-prices.
Grace Chee
Appeal property tax increase in FL
27 December 2024 | 7 replies
That will show what proposed tax increase you will see.
Ken M.
Are Rents Softening
29 January 2025 | 5 replies
There are still properties that can increase their rents, and may make for a good investment.
Paul Whitehurst
Just got my first multi family property! Now….?
27 January 2025 | 2 replies
Do the math and you'll see it doesn't make sense.The best way to invest: increase earnings, reduce expenses, and save.
Francis A.
California isn’t the only place where insurers are dropping homeowners
25 January 2025 | 9 replies
Quote from @Cameron Moore: Exactly. 15 years ago, I noticed an increase in owners using insurance to pay for a replacement roof, usually to sweeten the pot during a sale.
David Ivy
Austin Market Report - December 2024
18 January 2025 | 1 reply
In the City of Austin, we saw a 6.5% increase to $575,000*Total sales increased 2.5% in the metro.
NA NA
Need some help!
3 February 2025 | 2 replies
So, I would work to increase your knowledge and experience and really identify a strategy that suits you before moving forward with anything. 2.
Joel Barjon
Refinance my rental property
7 February 2025 | 23 replies
The shorter the prepayment term has an impact on increasing the rate.4.
Andres Canas
18 year old ready to learn
27 January 2025 | 2 replies
And since you are licensed, you can potentially do some sales on the side to increase income and save up for investing.