Im trying to increase the rents of the tenants living in my multi-family. The rents are $300 under market. I just bought my first multi-family and am new to real estate. I was wondering...how do I go about increasing ...
currently I have 3 properties (I live in one) . The way I've done it has been pretty elementary. When I've built up enough equity either by paying down the loan or the value has risen sufficiently I've done cash out ...
We are looking @ purchasing an 8-unit townhouse. It is going to be a value add property. The rents appear to be on the lower side and can be raised over time about $100. One of the units has been renovated with a n...
Hi all. I bought our primary 4 bedroom residence in 2020 for $930k and it has increased in value to $1.43m (woo hoo!). Now that the value has increased $500k, any additional increase will be taxable income when I do s...
Hello,I've been listening to podcast/reading all about rental properties and I think the time has come to give it a go. I live East of Columbus, OH and have been looking for single family or small duplexes in the area...
To anyone investing in Kansas City (MO), I wanted to start a discussion on what you guys are seeing as of April, 2017. I live in Los Angeles but I like to purchase buy & holds in KCMO. I tend to buy Single Familie...
Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
Amazon is supposed to be building a second location, estimates of 40,000 jobs, 5 billion or more invested into the areas surronding it. Chicago, Dallas, Denver, Detroit and a few more cities fighting for them to set...
I have a question about long term capital gains. My original basis in my primary residence was $230k. I refinanced at $600k with cash out. Is my basis still $230k or does it increase to the $600k? I'm trying to figure...
Hello!I just went under contract for my property. It was listed as a 4 bedroom, and I mistakenly assumed the basement was meeting Egress window code, however when I had the inspection I found out it was not. I am tryi...