Make sure to look at what recent comparable properties are renting for to justify your increase.Communication: It's important for landlords to communicate openly and transparently with tenants about rent increases.

Investment Info:

Condo buy & hold investment.

Purchase price: $307,000

Cash invested: $77,000

Nice condo with beautiful wood ceiling and a 22 sqm deck in the heart of Philadelphia!

What ...

We (an OH LLC) are trying to purchase a three-building portfolio from another LLC using seller financing.

Purchase price: $1,730,000 Cash invested: $560,00014,000 SF 11-unit mix-use building consisting of 2 retail spaces and (9) second floor apartment units.

I want to consistently build my portfolio over the next 10yrs. 

You have no flexibility when it comes to exit strategies with only one building/project.They both have advantages and drawbacks.

It is almost the same mentality of the renters, they think that all landlords are rich lolYou are building equity when doing this. 

Decide if you want a two, three, or four-unit building based on what you want, your budget, and how much work you can handle.

I have been most attracted to the idea of buying undeveloped land and building a 1-2 bedroom cabin on it to turn into the STR.

Jesse,Vegas is booming right now with buyers leaving California and with all of the new builds that are popping up every day.