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1 August 2024 | 4 replies
For example (all data YoY)Wisconsin 6.01%West Allis: 1%Wauwatosa: 11.9%Shorewood: 13%City of Milwaukee: 11%West Allis stands out, because it has been the HOTTEST market last year, so looks like it's consolidating this year.The April lunch&learn for the RPA will be about Milwaukee rent growth and increases.
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5 August 2024 | 13 replies
In one case, the client lived in a small house on his parent's land rent free.
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8 August 2024 | 29 replies
@Roy GottesdienerIf I had six homes and $500k In equity but only cash flowed $1500 I would sell them and buy a $500k home that rents for $3k a month.
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6 August 2024 | 8 replies
If your buying a building that’s $500k, you need to be getting at least $5k a month if not more or it’s not worth looking at in my opinion unless there is some other revenue source (ability to add bedrooms or units, air bnb) or you can increase rents substantially.
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6 August 2024 | 5 replies
One of my earlier rentals didn't cash flow at first, but after a few years, rents went up and now it does.
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5 August 2024 | 13 replies
@Miciah FurbayBuy a primary residence in a good area using a 5% down payment convention loan, don't max out your DTI, in 12 months buy another primary residence with another 5% down payment conventional loan and start renting out the first one.
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5 August 2024 | 13 replies
No, absolutely don’t rent to them.
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1 August 2024 | 4 replies
We are planning a move to be closer to family and are looking at whether to rent or buy given the current market.
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5 August 2024 | 6 replies
I know sec 8 always on the short here in CA because people don’t like to rent to Section 8.
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6 August 2024 | 7 replies
I just can't expand further than the 10 lots that are currently there. 2 TOH ($400/month, includes water/lot rent)2 POH (vacant)6 vacant lotsHouse is currently used a long term rental. $1200 per month.