There are still properties that can increase their rents, and may make for a good investment.  

The property when it was built in 1980 was an A property but as time, and ownership changed it has gradually gone down the scale. 

We increased the rent slightly after the first 24 month lease and were able to recently increase the rent when the first tenant moved out.Lessons learned?

Make sure the zoning, local building department/regulations, and neighborhood allow you to put a tiny house on your property and rent it out.If that is not possible, using that money for the next property makes sense.In general, I think increasing housing density will help provide more badly needed housing affordably.To Your Success!

I would also recommend increasing your liability coverage to at least $2M.

I’m trying to increase my presence to the local renter population.

My interest in entity transfers is the ability to forego a massive increase in the tax bill upon reassessment.

They say that their customers see a 30% increase in revenue but they don't make any guarantees.   

Do you have other ways to decrease your expenses or increase your income aside from real estate? 

DM us if you'd like more info on the Detroit market - which increased another 20% in 2024!