That said, I spend about $80 on each turn re-stocking items like paper towels, dish soap, shampoo and the welcome basket I put out.

I've done drastic increases before where I purchased a 6plex where the tenants were paying 700 opposed to 1550 being market rent what I did was i gave everyone a letter saying their rent would increase to 1,100 for 6 months and they would be month to month so they would be free to move at any point  because at the end of the letter i put that after the 6 months their rent would be 1,300 for a 1 year lease after that and all 6 tenants stayed. 2 years later everyone is near market and only one moved. 

Want more cashflow, put more money down.  

I just put it on the calendar 🙂

Hi everyone, does anyone have experience putting through an ADU for an already completed unit.

The election has been competing with me as far as putting ads in front of people in the area where I'm focusing (Dayton, OH).

The only problem was that I couldn't buy it in my own name (a complicated story, but there was no way for the underwriter to write for the property to be put in my name as the buyer) so i created an LLC with my father and I as managing members and got the funding for it through a hard money lender.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

But currently the banks have really put themselves in a once in a lifetime situation. 40 percent of homes are owned outright and another 50 percent are low intrest only the homes purchased or built after 2021 do the banks have anything control.

Keep in mind that when you are putting a furnished rental out into the world, it needs to be in a location where a single female can check in alone at night and feel safe getting from her car to the front door.