Later you could convert to student housing.Thanks, excellent advice I'll look into that.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

@Teahjsia Frazier excellent advise from others here.

Excellent point on the IRR, I haven’t built my spreadsheet out to accurately calculate that yet but I know it’s pretty high for the SoCal properties.

This is excellent, thanks for sharing!

Both are excellent places to start building connections and gaining insights!

Hey @Emily Mohr, 0-5 rentals we usually recommend Google Sheets/excel rather than paying for software.

Excellent detail, thank you Jack! 

If you are only increasing based on your expenses, you are way behind market and losing a lot of money.If I have an excellent tenant, I do smaller increases, but I still keep them within 5% of the market rate.

House hacking is a great way to start building wealth in real estate, and New Haven County has some excellent opportunities for that strategy.