I just received the appraisal for 2024 and the assessed value will increase $28K, increasing my taxes $600 if the tax rate doesn't increase.

I actually had to get enough units where I could offer tenants multiple housing options when I purchased properties rented at way under market rates and then (an embarassing number of times) personally watch tenants that would "suffer" from a rent increase turn down smaller (but nicer places) or  nicer places in a less prestigious zip code (sometimes only minutes away) before I realized that I was hampering my ability to earn a living in order to subsidize the lifestyle choices made by a some random stranger that happened to live in a property I bought.

How's the vacancy rates in NPR ?

Would it be pro-rated a t all if she were to sell a few months before hitting the 2 year mark?

Volatile interest rates today due to the consumer inflation index report.

Some things that make a rental appealing 1 - pet policy (pets or no pets allowed)2 - number of full bathrooms 3 - number of floors (single level vs multi)4 - backyard or lack thereof5 - school ratings (higher the better)6 - crime ratings (lower the better)7 - location to highways8 - amenities (parks, pools, trails, lakes, etc)9 - location to place of employment.10 - age of the property 11 - appliances Just to name a few.

My property would rent out for a standard long term rate of $2300-2500 a month.

-Time to Lean into Interest Rates.

Electric baseboard heat is a cheap way to replace an old furnace that feeds several units which you pay for.8.

Hello:I am not sure what interest rate to use while calculating cash flow.