Hey BP, I recently thought about how residential home prices increase.

We can help each other in an informal setting on lessons learned or items such as the following to name a few:- Tenants not paying rent on time or at all- Tenant screening- Contractor suggestions for upgrade/remodel- Upgrades to increase rents- Leasing- Maintenance issues- Other...If you are at all interested please let me know so I can try to put something together, if not, no worries and have a wonderful day!

. # beds/baths5. school districts6. historical neighborhood turnover ratios+ moreThe increase your monthly rents by decreasing your deposit, charging pet rent, tenant pays first $x of repairs + more....In today's market you cannot think like a 1980's property owner....

@Caleb Heimsoth Thank you , basically I should keep my monthly expenses as low as possible to increase my savings and control my spending? 

My Opinion:As the yield curve flattens it is an indication that the cost of money is going to be higher.Based on mortgage statistics that the median new mortgage has an LTV of 95%, people are still leveraging their homes quite a bit.In order for the real estate and financing markets not to go stagnant they will need to come up with increasingly ‘creative’ ways to finance houses with average home prices that continue to climb otherwise home buyers will no longer be able to afford purchasing houses.While all of the indicators don’t look exactly how they did in 2007 it is quite scary to see that many of them are quite similar.Just my two cents.

We can improve your position by increasing cash flow, more tax shelter, risk is sread out, no bank fees, doesn't show on credit, and you used ALL your equity. 

Amit - thanks for the post N Seattle / Greenwood  likely has lots more appreciation in the future IMO due to 1) relatively close proximity to downtown    2) future increased transit  options being  built presently ( light rail )  buying a " far off "  property  in order to pay for present rent  ….. 

I do not like unknowns.Now in five years you should have rental increases and loan balance pay down so even at a higher interest rate the payment might not rise as much.Remember lenders like to give just enough enticing terms where it suits THEM.

Notify each tenant in writing that you intend to increase the rent and require them to apply and meet your standards.

I am seeing a huge price increase in Hikes Point and Ferncreek.