I was curios, which option would you guys prefer?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $247,000
Cash invested: $34,000
Sale price: $352,000
Changed Roofing, Added Stone Front, New Deck, Kitchen Upgr...
Hi All,
I’m looking at a property in NJ for a house hack. I’d live in one unit and rent the other 2. In union city you can increase the rent as much as you’d like as long as you live in one unit. The moment I move ou...
I am curious what else everyone is doing to make sure that the rental unit is renting at or near the market rent.
I personally do the following:
1) Is the occupancy a lot higher than the average physical occupancy i...
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There are several ways to look at rental revenue at a multifamily property with the two most widely used metrics being the nominal monthly rental rate for a unit and the monthly $/sq ft. In my experience the nominal $...
I am about to go from 4 to 8 rental units with my next deal and have been doing fine with having my tenants depositing cash at my bank and can tell which tenant has paid because each house has a different rent amount,...
Hi All,
I have a property that is under market rent. Tenants have been good tenants for the past 3 years. They started paying $1500 and are now at $1850, market rents suggest around $2300 - rents have risen drastic...