If I see every facility 100 percent full with waitlist my assumption is rents can go up alot more than market.

Now being that there is no step up in basis(i think that may have applied if he left house to kids after he passed) being that he put her on deed during his lifetime.

Got the house for 280k plus 5 percent to the auctioneer for a total of 294k,which is what the auctioneer said the minimum the family would accept.

Assuming you would be paying your friends and family fairly and according to the risk they are taking, a few points or percent shouldn’t be the difference between a good deal or bad.

We were very fortunate to buy our primary in 2012 and have taken advantage of the once in a lifetime appreciation that has occurred since then.If you plan to stay, I agree it makes sense to pay a mortgage versus pay rent, I'd just try to be patient.

Weekly accountability post - 12/11:-Finished Joe F's "best ever apartment syndication" book and also read "Syndication is a b*tch" and also Rod K's "lifetime cashflow book" in less than 4 days, ha. 

I'm really glad my heart surgeon didn't get all of his training exclusively from online discussion groups and off the shelf books, but then, over the lifetime of REI, being responsible for millions and millions of dollars isn't nearly as important as the heart valve I'm now using.

At this stage in my life, time is the most important commodity focus I have which pushes me away from the idea of learning the marketing campaign process (to a degree, at least).

It seems to be clear that the percent increase is on all things currently included in the rent payment. 

Should i calculate the arv and then deduct 30 percent and the cost of the rehab?