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23 February 2025 | 25 replies
We have created work instructions for every step of the process so we can maintain consistency in how we evaluate properties, communicate with tenants, market our properties, handle rent increases, manage property turnover, etc.....
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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.
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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.
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23 January 2025 | 6 replies
We are asking the current tenants to leave as the property is not in optimal condition we like to have our rentals and we would like to fix it up to increase value and rents.
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6 January 2025 | 3 replies
I just got a notice from the MD department of assessments & taxation that the value of my property will increase from 120k to 261k , spread out over 3 years equally.This is a ridiculous increase of 118%.
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2 February 2025 | 13 replies
@Greg ReeseMost small investors will benefit by having the LLC created in the state where the property is located at.Creating an LLC in a state like Nevada, Delaware, Wyoming may be better for the big players if items such as charging orders, business friendly case law, anonymity are important to you.However, be mindful that setting up LLC's in those states will add to your costs as you may have increased annual fees for annual LLC fees + registered agent fees.
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1 February 2025 | 7 replies
Insurance is now a big factor in the expenses of investment properties, even here in Reno, NV there are areas that have had large increases for single and multifamily properties.
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4 February 2025 | 7 replies
I am just a guy who tends to give illegal advice, I guess.And finally, folks need to be aware that while many travelers pick the nomadic lifestyle for some of the awesome reasons: travel, excitement, variety, some pick it to try and increase their income to a level where they can earn their way out of terrible financial situations or decision making.
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12 February 2025 | 27 replies
The secondary goal is to increase rental income down the road.
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31 January 2025 | 8 replies
As long the tenants pay the rent each month, increasing their rent will be very tough and getting them to leave will be extremely tough.