Can and will your insurer raise your rates to that extreme?

Also, I was able to raise the rent nearly 15% over what it was bringing in prior.

If you cant raise rents, the only other way to make more money is to lower expenses and this seems like the only way to do it based on your post.

I'm a more experienced churner then investor ( here learning)Using the method your mentioning has the potential to raise flags with the CC companies for misuse of the programChase has been known to shut down accounts and Amex calls you for a "audit"The method is valid but carries some risk if abused

If you get it down to that it probably means your rents are to low and you need to raise them.Much success.

I have found that with the New Year, sellers raise their asking prices more than other times in the year.

Raising rents on tenants after purchasing of property -- good or bad?

Now, if you need to eat and still go to school, ya need to set your sights a little higher I'd say.Speaking of raising your sights, look to the market as to what the demand is instead of picking something because you think it's cheap to do.You can do a deal on a $250,000 home with a grand in you pocket, so get the basics of RE first, then look to the market then to a strategy that fits a property and a seller's needs.

Hi All,I was born and raised in Los Angeles and am familiar with many of the different cities.

About as much stink as you could raise would be to get your option price back if you got that, otherwise you're buying from the tenant buyer.