Hello everyone, I purchased my home two years ago, and currently, I have a tenant renting a room for $800, which helps cover my mortgage. This was my first property, and while it's been a great learning experience, I ...

Looking into the future, after we stabilize our current portfolio of loans we intend to start looking for new opportunities on highly discounted distressed debt which fall out from the pandemic.

Austin tx is not as bright but the future market of Austin is promising!

If you care at all about your future in investing, you need to ask the tenant to rehome them or for her to move.

Haha, but you know what they say - past performance is no guarantee of future results. 

Over 5 years ago, I used to marvel at the architecture of this building and told myself that I'd own it one day and reimagine it.

You will have to gather more accurate operating costs (vacancy loss, taxes, utilities, insurance, mgmt fees, maintenance, HOA) to best determine potential future performance.

Many laundromats take card payments these days, which is very helpful in verifying revenue.Look at the lease terms – long-term leases with reasonable rent increases are important for keeping costs predictable, and can also be important for securing financing.Also, check out the equipment and figure out what repairs or upgrades might be needed in the near future.

I would have a conversation with the tenant, and then after that if you determine that’s in your best interest and theirs to seek out a new tenant give them plenty of time and make sure you leave amicably because in case you get more rentals and they are looking in the future, I have a higher income that relationship is sure to last, which means that you have guaranteed business in the future.

Let me walk you through some exciting trends that I’ve observed firsthand, which could shape the future of your portfolio.1.