My wife and I are occasional flippers with 4 under our belt and we typically use a heloc on our primary to secure hard money and pay for rehabs.I own a plumbing company I’m just getting off the ground and know the money will be there eventually but could be a while.My mother in law lives in CA (I live in oregon) and they have a few rentals plus their primary that they have 1million plus in equity in.

🏡 I'm a landlord looking to adjust the rent for my rental property this year.What's the typical percentage increase you've found to be fair and effective in 2024 in your experience?

My typical investment in Colorado has been around a ~500k purchase price, and I really strive to purchase property that is $20,000 to $25,000 under market value and that is break even cash flow minimum after operating expense/debt. 

We might be able to have a look and see if we could see the current situation and perhaps refinance out to conventional or DSCR which is typically lower than hard money@Albert Bui @Carlos Valencia

Bold - not many others operate here.

Pay all cashThose would be the lowest risk, not saying it’s best options but lowest risk as leverage is the biggest risk typically in any real estate investor followed by buying a property site unseen and in an awful area where they try and self manage

Operators underwrote big rent growth to make deals pencil.

I come across and have bought several early 1900's homes which typically have plaster walls - sometimes not in great shape. 

The premium for a LL policy is typically lower since it doesn't cover personal property.Always require tenants to show proof of renters insurance, this protects you as well.

If you can provide a history of rental income operating as a STR, contrary to others belief - A DSCR cash out would be the easiest way to access this capital.