If you're in a growing market, you shouldn't have any qualms about raising rent 3% to 4% every year.Also, as far as wear/tear repairs ago, if you are going to be spending 15% to 20% of yearly rental rate on home improvements, it just means you are responsibly taking care of your asset.

Hello all, I'm looking to purchase my first personal BRRRR deal in Chicago and I'm a real estate agent. Here are the specifics:Property Type: 2-flat sold via HUD. (First Floor: 2bd/1bath & Second Floor: 3bd/1bath)...

If you enjoy the challenge of trying to improve your investment, being hands on, and possibly making a better return.... go with real estate.

I talked with VRBO's customer service and they let me know that they are aware of the issues with their calendar and are working to improve it but I've taken a few of my listings down due to their old technology.

There are other calculations that you have to factor in to get to your adjusted cost basis such as recapture of depreciation and adding capital improvements to the basis.- Can I use the closing cost amount of the old and new home as part of the tax free money I can spend from the 1031 exchange or these closing cost are purely out of pocket amounts?

Apply for home improvement store cards as a backup source of funds for rehab supplies.

It's scheduled to improve but not anytime soon You do better going for 3rd ward area is booming historic district in reconstruction money all over 😀

Too many variables that are up in the air.

Increasing the rent will dramatically improve your ROI. 

There’s less appreciation potential unless the investor repositions the property and improves operations.