So if you're looking to get into multifamily, I would try to identify the people in your area who owns hundreds of units and provide them value in the form of property management, joining their brokerage and bringing them commissions, walking properties for them, starting a meetup to increase their brand.

Also keep in mind that your principal payment increases every month you have the mortgage.

We've batted around ideas by raising gradually - in two parts, 1 soon and 1 6-9 months later, and letting them know that and starting with increases soon on some people and in March on others.

Hello all. I have a duplex that recently was renovated and located in a small town, Algood TN. Each unit is 2br 1ba and we had one unit rented at $950/mo on 12 month lease. We are considering strategies to maximize th...

To increase your knowledge and network, interact with their material, pose questions, and take part in debates.Volunteer or Intern: You might want to think about volunteering or interning with a property management company, real estate agency, or investment company in your community.

So many more eyes trying to hinder my operation.The rural one has zero STR regulations or code enforcement but is a regional and attraction and driveable from several airports.

Hey Latonya, accepting out of state vouchers can increase your tenant pool and potentially increase your rental income, but it also introduces complexities like verifying voucher validity with distant agencies, dealing with unfamiliar local resources for the tenant and navigating potentially different eviction procedures in another state.

Rent increases were hot right after the pandemic and they've cooled down slightly but I feel they are still strong relative to the increase in price for the properties.

Keep in mind, market rent is NOT only the price where you can attract a good tenant but also KEEP THEM!

  - If I understand that correctly, then I wonder if the increase value offsets the cost paid out to split the parcels up.One last thought would  whether there are any underlying benefits to keeping it as one parcel, such as city regulations, etc.- I had a conversation once in my owner's rep day job about new construction of a commercial building on its own parcel adjacent to another parcel owned by the same owner.