Prices may be many times that in certain rent controlled situations.My suggestion is to research the laws and customs in your target city.

Home of the perpetual double digit increase in home prices.

Given the rapid price increases in my market (South Philly), I am wondering if it makes sense to take some chips off the table and either sell 1-2 places outright, or simply do cash out ReFi (places would still be positive CF positive after refi).I am leaning the refi route as it will help me accumulate more properties, while I also expect modest appreciation in the coming years.

Typically that can be done by phone, but occasionally it can be handy to belong to an investor club where someone local can drop by to squeeze the information out of a difficult source.The critical data for equity investments is primarily vacancy increases and rental income drops.

Then my next wholesale deal I'll in increase my portion.

None the less, I travel to the areas 1-3 hrs from where I live and look around a lot.Recommendations for Rural narrowed down to this:1) Find a major metro area with strong jobs and increasing population, and search up to 60 miles out.2) Find the most affordable region 60 miles out that has something special to offer in the path of progress.

I’m also in the process of getting my real estate license so that I can list the properties myself and my electrician license as I plan to do some of the rehab myself initially to increase my profits.

If it makes sense, then just replace the HELOC with a new HELOC after the garage is built due to the increase in value.

My customers had a choice.

Given the average rent in the GTA and increasing interest rates the stress will become even more extreme if let as it is.Housing shortages aren't cured overnight.And a heads up. some of the big 5 banks appear to be increasing their posted rates.