Prioritize your financial stability.

@Jordyn Ohs Suggest you run a financial model and assume 100% vacancy.

I allow adding tenants as long as the existing tenants are in good standing.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

In the past year we've been through the ringer financially due to bad contractors, deal promises, and generally just being new to the game.

The rental market is already showing signs of recovery:Spring Is Coming: Historically, the rental market picks up momentum in the spring as tenants prepare to move during warmer months or ahead of the school year.Early 2025 Trends Are Positive: In just the first week of January, we’ve seen a dramatic increase in rental applications, suggesting pent-up demand from renters who delayed their searches in November and December.What Landlords Can Do NowTo make the most of this recovery, consider:Refreshing Your Listings: Update your photos, descriptions, and pricing to ensure your properties stand out.Offering Incentives: Temporary discounts or move-in bonuses can help fill vacancies quickly.Being Patient: The market is already bouncing back, so don’t panic if your property takes a bit longer to lease than usual.What’s been your experience?

have boots on the ground.... know and under stand the areas. understand when you will need permits. what areas in philly are you looking at?

[Click the image to see full size.]Real estate investing is for achieving financial independence.

Do you need to refinance quickly to avoid a balloon payment or other financial pressure?

I believe such plans are offered by specialty divisions of the mainstream financial services providers like CIBC & RBC.