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23 March 2020 | 4 replies
Some of them even mentioned that they might even raise rates to as high as 14% (before, most of them did the standard 12%) in these troubled times which to me doesn't make sense at all.
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1 April 2020 | 20 replies
Is there upside to grow rents through unit renovations or simply non-aggressive seller that never raised rents to market?
21 March 2020 | 0 replies
I currently have lender provided mortgage insurance LPMI, which simply raise my interest rate slightly and it can’t go away for the life of the loan unless I refinance.
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5 April 2020 | 13 replies
I tried to raise money this last week on a larger deal and one piece of feedback I got was your second point.
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21 March 2020 | 1 reply
I don't like either of those things in my unit so I am considering the following options:Option #1Ask both tenants to leave 30-days after I take possession of the property , renovate the units on the outside & inside (gutters, siding, interior paint, floors, mini-split units, ceiling, other miscellaneous things) then raise the rents to around $700/month each and look for good tenants (no smokers, no pets, good jobs) to put on a 1-year lease.Concerns: I question whether or not this is the right thing to do since the virus has many peoples struggling with their jobs and I don't know if its right to ask the tenants to leave during this "crisis" (they have lived there for 8 years and have been paying rent).
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10 April 2020 | 16 replies
I believe (my opinion not trying to be political) Donald Trump and his cabinet will keep on infusing cash into the economy as they see fit to help raise the stock market.
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22 March 2020 | 1 reply
When I went to raise money this last week, everyone was reluctant invest because of uncertainty surrounding the economy.
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9 May 2020 | 29 replies
Unfortunately outside investors are raising prices so high they can’t afford to stay in their own homes and many tourists disrespect their sacred areas.
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2 April 2020 | 11 replies
I was raised in foster homes myself and became homeless for a year after I was emancipated.
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21 March 2020 | 0 replies
I know its a little bit of a sticky time to be trying to raise rent, I just closed on my first residentelTriplex two units are vacant one unit has a tenant, D class tenant paying way under market rent.