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14 October 2018 | 1 reply
No evictions on tenants placed by him in 8 properties over 5 years.Downsides: turns are more expensive than Id like although he has been able to increase the average tenant stays and that has helped.
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15 October 2018 | 25 replies
All things equal if lean towards the grandma, probably more stable and there’s a better chance she won’t leave for a while.
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29 October 2018 | 19 replies
Also you can take a second job to increase those 2k savings, or grow inside the job you already have.
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16 October 2018 | 5 replies
To increase value focus on Kitchens and baths.
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18 October 2018 | 18 replies
I do not see how you will ever get a rent increase pay back in any reasonable amount of time doing any more than that on the outside.
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16 October 2018 | 16 replies
Smaller banks are usually better, because you get a chance to build a relationship with them and that will go far.
15 October 2018 | 13 replies
Also if you know what it take to repair something then when you own a hundred doors you stand a better chance of not getting ripped off if you choose to pay someone to make the repair.
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16 October 2018 | 14 replies
I would take my chances and the belief that the IRS has bigger fish to fry.
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24 October 2018 | 21 replies
There's some great advice from @Adam Anderson above- if there's a chance, it's with a local bank who will let you make a case for yourself.
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14 March 2019 | 14 replies
Do people find it harder to BRRR with multi-plexes than SFR due to lack of comparable sales proving the increased value after renovation?