I had to have a talk with my PM when he wanted to raise one of my rents $25-50 per month to keep with market rate.

Nick Love - 05/29/2019I am starting a discussion about attracting passive investors through marketing platforms and if anybody has had success in this field of raising capital from advertising.

Do you include heat and just raise the rent or ask the tenant to be responsible?

This allows you to qualify to the great products small credit unions have to offer. 

Keep in mind most Hard money lenders are raising money at 7-10% from investors and marking it up to the end users.  

I was born and raised here and feel much more comfortable getting started locally. 

I was against installing the fence due to the price but at this point, I am tired of the property sitting vacant and feel that a fence may also add value for resale and future rent.My Question:Would it be sound (and permissible) to raise the rent back up to $800 with the installation of the fence? 

Is there anything you can do to raise that income by 20-30% without just working more hours?

For example, there needs to be a decent gap between the cost of alternative forms of housing and the product offered at the mobile home park.  

For you experienced investors out there, what should really be the focus for a newbie looking their first deal, keeping in mind that syndication and raising money will be necessary for me?