You are already paying rent, so pay it to yourself to increase cash flow and accelerate savings for the next investment. 

The property manager should be involved before you buy any property to give input on due diligence, how to increase income and reduce expenses, and to make repairs or improvements to maximize occupancy.Excellent property management is critical to your success before, during, and when planning to sell or refinance.To your success!

But now you are opening yourself up to a possible increase in your rate, as it is adjustable and can go up.

Purchase price: $169,000 Cash invested: $33,800 Property was recently renovated to increase the value of the property and the cashflow What made you interested in investing in this type of deal?

Leverage is a big factor in real estate investing, as investors can control large assets with relatively small down payments, increasing their potential returns (and risks).6.

Follow up with an email to the agent and bullet point your case, which increases the chance that the owner will actually hear them7.)

I would want to make improvements to all units and increase the rent to market value when the renovations are completed.

While rates may not decrease, the significant double-digit increases should level off.

It even states that the lease “will repeat itself” but doesn’t specify terms like figures or percentages for rent increases.

What is your Annual Rental Rate Increase look like?