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Took a call yesterday from a local investor. She is looking to "unload" some units. The problem - she wants above market prices...:)And here's how this happens:She owns a PIG. Translation - a building similar to the o...
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In 2022, I’d like to choose a route to start my investment portfolio. I don’t own any property yet and based on lots of content and people sharing their many years of experience, I see the value in investing in long t...
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I see more and more investors buying 10k SFR's in low-income areas. They put 5k-7k into rehabbing the house, and renting it to Section 8 for a nice, consistent ROI. I personally know 3 people who do this. They actuall...
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All of our rental agreements are month to month. To incentivize people to stay longer, we charge a move in fee that can be added forwards the refundable deposit if they stay over a year. Example: rent is $1000, move i...
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Countless times, I've heard the question asked "How much do I need in reserves?" While the answer tends to vary based on the investors' risk tolerance, I thought I would share my experience. As a background, I live in...
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I own a 2/1/1 that I bought and rented two years ago. When I bought it the 2/2/1 house next door was vacant. Nice shape, newer roof, and now that kids have broken in for me - I have gotten to see that it seems to...
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I have a tenant that is on Section 8 and her lease expires at the end of October. I just received word from Section 8 that the portion of the rent that she pays is almost going to triple for the next lease. The tenant...
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Obviously there is some controversy with the use of bandit signs, especially if they're illegal in your city, but I've heard a lot of investors who have put out hundreds of signs a month having great success with it. ...