I am currently waiting on a refi to free up some cash.I reached out to some people in my local REIA group to look for partners to help purchase this property.I'm blessed enough to have 2 people who are interested in in partnering (co-ownership) on the property.

Wait until the tenant’s lease expires naturally (in about a year) and don’t renew it.

I obviously can’t obtain my license if I don’t have a broker so do I have to wait until after my first year if I wanted to manage property?

If your tenant is on a lease, you have to wait until renewal to increase rent, unless you think they will sign an amendment increasing it now.

You’ll either have to buy people out or wait for them to leave.

They’ve got about a 5 year lifetime generally, why wait for it to warp & leak it’s $4.

In return they would ask me….”Well what if I did this to the house and that to the house (spending thousands of dollars in extra’s to the house), how much could I get in rent then”, and it never ceased to amaze me, how they looked at me when I told them that they would still get $750.00 a month.

Once the property is rehabbed and rented, is there an amount of time I need to wait before financing the property?

Once the property is rehabbed and rented, is there an amount of time I need to wait before financing the property?

I got a call today from a man who owns a vacant lot in small mountain town just minutes outside of Las Vegas who is several thousand dollars delinquent on his RE taxes.