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29 June 2020 | 9 replies
My wife and I were forced to rent out my old house when we found an amazing property in the farm lands outside of Belton, Missouri that we couldn't pass up.
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15 December 2017 | 7 replies
If you're planning on selling in a few years for more than you bought it for then you'll need a forced appreciation strategy.I shoot for 1% rule or better on a high-end property, and would go 1.3% rule minimum on lower-end, older, or multifamily.
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30 December 2017 | 4 replies
Hi all,I hear a lot about forcing appreciation on multi family deals by rehabbing and raising rent.
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19 August 2018 | 15 replies
@Jay Hinrichs Good point I thought that too but owning that other property outright can make the BK tricky as I think the trustee could force her to sell it.
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1 February 2018 | 16 replies
@Alex Corral They are forcing me to have both...it's company policy they say.
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8 March 2018 | 1 reply
Hi my name is Chad and I am currently active duty (Air Force, 12+ years) and stationed at Mountain Home AFB in Idaho.
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12 December 2022 | 3 replies
So for the next year the payment is about ~$400/mo. less and rent is set at $2000/mo.After property taxes begin at this point we will break even, and around that time look to move out of our half of the duplex (after finishing the basement to force equity) and either hold the duplex to appreciate, and perhaps throw off a little bit of cash, or flip this side to an STR.
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30 January 2024 | 19 replies
I think it’s mostly the horror stories about it being illegal to evict tenants for anything other than extreme cause or raise rents, being forced to pay relocation fees in the tens of thousands.
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3 March 2020 | 26 replies
But if there is forced equity that comes with that and the rent or tenants jump dramatically I would do it too!
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31 January 2020 | 14 replies
You will be living inexpensively (mortgage payments are often less than rent), while "forcing" the appreciation of the home by fixing it up.