If they don't pay, then it would be grounds for eviction.Raising the rent is an easy option, and it works well in markets that do not allow to bill back.I would see what the competition is doing in your market.Congrats on the dealGino

Feel free to message me if you ever want to get together and talk RE - love to hear more about what you're investing goals are in the Twin Cities market!

Turned out to be a very strong housing market with limited Custom Luxury Home Builds How did you find this deal and how did you negotiate it?

This means I am constantly researching different sub-markets in the D.C. area to try and find the best locations for future growth as our fund looks to buy and hold our investments as do many of my clients. 

I've had my share of challenges, including dealing with the ups and downs of the market, but I’m committed to learning and growing.

Lessons Learned: Looking back, are there any lessons you wish you had learned earlier in your private lending career?

First off, it is extremely difficult in today’s market to find any “deal” that matches up to his criteria, but in my mind I had actually found one.

Don't limit your marketing in any way! 

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

Mortgage rates are driven by The 10 Year Treasury so in order for mortgage rates to go down, we need to see “investors” pull money out of the stock market and put in to the 10 Year.