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24 October 2018 | 21 replies
If you start slowly, it gives you time to learn and network, and in the meantime, you increase rents and your mortgage stays the same, which opens that gap in your DTI.
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14 March 2019 | 14 replies
Do people find it harder to BRRR with multi-plexes than SFR due to lack of comparable sales proving the increased value after renovation?
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31 January 2021 | 8 replies
It also looks like there is room to increase the rent because these are two bed, 1 bath units and they are paying less than I was paying for a 1 bed 1 bath a few years ago.
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20 October 2018 | 18 replies
I feel I am ready now.My focus is on increasing cash flow and building equity.
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17 October 2018 | 7 replies
I recently refinanced multiple properties and even though my average rate increased I was able to buy enough properties that I doubled my cash flow in less than 12 months.
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20 October 2018 | 28 replies
What specifically do you plan to do to force appreciation, and therefore possibly increase rents, and therefore property value and overall financial performance?
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17 October 2018 | 8 replies
There's no real 'fair' way to truly separately meter the natural gas used for the different units, unless you get into rabbit hole land of re-inventing a wheel and a series of sensors measuring heat and air flow within separate ducts, on your (customer) side.I'll comment on each option individually and your decision will be numbers driven.
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16 October 2018 | 11 replies
They are predicting a slow down as well but put vacancy rates to be flat and rent increases to go down from 4% from last year to 2% projected for both 2019 and 2020.If you have a deal that should get you to IRR of 15+% I wouldn't hesitate.
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18 October 2018 | 9 replies
Word on the street is that the VA reno loan increased from $35k to $50k...
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17 October 2018 | 11 replies
I also am studying an accountant program, and I also want to change jobs into that field as it will double my personal income, and thus increase our capital and reserves, and also benefit our real estate journey through the knowledge I will gain.