Chris Olandese
Tenant threatened to move out
18 December 2024 | 13 replies
You could have given notice on 12/7 that her rent was increasing on 02/01.
Shawn Tuma
MF House Hack w/ VA Loan
19 December 2024 | 10 replies
@Shawn Tuma & @Chris KayVery difficult in today's market to cashflow putting 0% down:(5-10 years ago it was possible, but prices have increased faster than rents.Your best bet is to find a property that needs work, but will still pass a VA appraisal/inspection.
Chris Scarazzini
New BP Member
26 December 2024 | 15 replies
I’d recommend looking for properties that already have stable tenants or need minor updates to increase rents down the line.
Peter Albert
Canton Ohio a good area for investing ?
19 December 2024 | 21 replies
You will get away from income taxes and annual registration fees by going to the townships, but your property taxes skyrocket which may offset some of the rent increases.
Robert Medina
Need some advice on buying another property
24 December 2024 | 3 replies
With BRRRR you typically need to buy a house that needs a LOT of work because you need to get it cheap enough and do a large enough rehab to increase the value WELL ABOVE what you have invested into it.
Jevani P. Barron
Seeking Advice on Investment Property Strategy: Cash-Out Refi, Raise Rent, or Sell?
20 December 2024 | 6 replies
As far as the tenant goes, it sucks to have to raise rent but its still a business and its likely that if they try to find another place, they will be stuck paying even higher rents than what yours is at if you increase it to 90% of market value.
Leah A.
Seller looking for wholesaler
27 December 2024 | 16 replies
On the other hand, investing in some repairs (if financially feasible) might significantly increase the property's market value.Remember, each property is unique, and what works for one might not work for another.
Alex Silang
Raising rent again only a month after?
16 December 2024 | 14 replies
That being said, there's no way your tenant will be happy with the increase so you may take that into consideration.
Calvin Rappard
Tenant screening / checks on renewal
23 December 2024 | 11 replies
Looking for reasons to increase those expenses sounds counterproductive. 5.
Troy Boister
EIN Corporate Credit / The Unknown Benefit
17 December 2024 | 0 replies
This is NOT Business Credit.By establishing a separate corporate credit profile on the EIN Number (separate from the business owner's SSN/FICO), investors can access substantial business credit lines, capital for property acquisitions, and renovation funds without personally guaranteeing the debt.This approach creates a powerful financial firewall between personal and business assets while potentially generating a significantly larger (ROI) through reduced interest rates, increased borrowing capacity, and the ability to scale investments more rapidly.The education gap surrounding EIN corporate credit means savvy investors who understand and implement this strategy can gain a significant competitive advantage.