I refinanced at 5.5% in May, and I expect rated to slowly continue to climb so that 5.75% may be the best you'll see going forward.

Imagine the next tenant continues the damage then they get hit with the hole fix charge and complain about it.

I'm very excited to be here and I'm looking forward to the opportunity to continue learning about different investment strategies.  

I will ask if they will continue collection efforts or if collection efforts become my responsibility.

For me it's continuing to develop a new partnership with a self storage deal sponsor I'm investing with.

As a licensed agent/wholesaler I saw the value of properties in this neighborhood continuing to increase.

Grow organically, vertical integration.Partner with local RE brokers to form aboveStart hanging out every morning for at least a week at local lumberyard/HVAC/plumbing/electrical supply house and collect cards in order to build a list of go to vendorsAsk every SFR and MFR investor who they use for every service you need Create a mastermind to share best practice, vendors, group discounts etc for investorsRaise rents to market immediately and hope the long term tenants move out so you can rehab and raise rentsSell "use master lease" to another investor and continue to make money from cash flow and possible interest from eventual owner financeNetwork, Network, Network,Network,Network,https://www.pjstar.com/news/20170117/peoria-landlords-to-form-group-100-attend-first-meetinghttps://principleproperty.net/https://www.phoenixpropertymanagementinc.com/peoria-property-management

As your portfolio grows you may want to hire a PM anyways to free you up to continue finding more properties.You have a lot of choices and a lot of studying ahead, but it’s all good stuff!

You may just need to continue to build the relationship.

In the meantime, I will continue borrowing as much money as possible to purchase income producing real estate.