@Matt Smith Hey Matt, A few items here: You can always offer the 80% of the listed priceThere is already meat on the beat, it is the $500 less than what you're paying right now, and YOU (no, sorry TENANT) is paying down your mortgageDuplexes are hard to come buy in your area [you found one of the unicorns-this is a sign lol] One item to watch is the number of rooms and bathrooms, which could increase your ongoing maintenance expenses, but you already have some capital set aside so you've got that covered too-you're rock n rollin!

Seems scary to take on any additional debt unless unless if you have quite an increase in cash flow or an amazing opportunity due to currently being in a debt repayment plan.

Interest rates shouldn’t increase dramatically over a few months, but this is your call.  

It will be your cash flow and with the cash flow you can refi to increase your number of properties. 

The market has seen a lot of national hedge fund investors that are buying up markets which will decrease available inventory and increase property value. 

I currently own 3 single family rentals and looking to increase my portfolio. 

Increase the potential of buyers to sell the contract to and quicker (more presentable) 2.

The answer of course is to increase both my income and network through real state sales! 

Believing it is true I increased the offer.

Hey All,The question I have for all you self managing landlords today is, does anyone have any good tips or tricks (I don't mean actually tricking your tenant) into a simple and stress free way of having them sign a new year lease with slight rent increase about 2.5% Ive been doing this for years now and Ive just come to the point where I'm tired of hearing the same old "Oh well we are going to probably be moving" or "This is broke, I need a new stove, bathroom, car..."