For reasons of personal ethics, I chose to only bid on properties for which the address of the named owner is some location other than the subject property, thus drastically decreasing the likelihood that I would be evicting someone from their home.

Do you guys think it’s a good idea too decrease the rent for tenant  by about 200-300$ for the inconvenience of not getting what they signed a lease for ?

One way or another, however, the investors must work to pay down loans, increase rents and decrease expenses wherever possible.

Also, can having CMHA tenants decrease the value of a property in any way?

So, it would not be a net loss, just a decrease on stock performance compared to leaving them alone.* "Rent" could be tax deductible* I get to secure a good property (condo) early, before prices increase (when rates lower)* Eventually, both properties become positive cashflows, and I get to have two leveraged properties within 1-2 years.Thanks!

Austin has seen some decreases in rents as supply has surged, CA and WA have complicated landlord laws.

That means owing more taxes in the future while decreasing the tax benefits of owning that property until you sell.

I doubt she can be out by the end of April, but you could talk to your PM and see if she was out by May 15, could they get it rented for June 1 decreasing the vacancy to a couple of weeks.

I’d recommend taking a deep breath and not worry so much about ARV, CoC and just look at a way to decrease your cost of living while buying your first property.

To illustrate, a property initially valued at $60 million might see its worth decrease by 30%, settling at around $45 million.Basics on Property Evaluation:To figure out how much your commercial property is worth, you can use the following simple math equation.