Max Emory
Take a Hard Look at Your Expenses to Increase Cash Flow
For some, the easiest way to do this is to go through the past 3 months of bank and credit card statements and mark each expense with a letter or highlight them. I got this method from the Profit First system. (They m...
Sean O'Lone
Should I keep a good tenant or raise the rent to market rent
I have a townhome which I have had a tenant in for about 6 years. She is a retired lady on a fixed income and when she got into the house the rent was $1400. The rents in the area have climbed pretty rapidly over th...
Mitchell Messner
Decision Paralysis on my Equity. Best Next Move?
The problem of choice. I own one 4 unit property that I’d like to keep and use to help propel me into my next rental property. My issue: I have too many ideas running around in my head and I’m not sure what is my next...
Nick Ambrosino
Rehabbing and appreciation
Newbie here (2nd post). My partners and I are considering rehabbing an 8 unit mixed-use building in Greenpoint. At what rate do we calculate appreciation for such a property? Is that number a pure guess or is this ...
Joshua Hanson
Rent Increasing and Negotiation
I have a house in Las Vegas that is managed. I've been slowly raising rents, but am far below market rents. They are currently at $1370/month. They moved in four years ago at $1265. Market rent is at least $1800 n...
Taylor White
Rental increases with sale?
Purchasing my first MF property in January. It’s a triplex. Current rents are way below market value, at $1025 currently and going rate is $1250 for the area. Would it be too much to bump rents up by $75 every 6 month...
Brian M.
Long Tern Buy & Hold Strategy
I am new to investing and plan on buying my first residential multi family property late this year. I am 23 and want to build a portfolio using a long term buy and hold strategy. By year 30, the majority of my investm...
Vijay Kurhade
Why is estimating Constructon Cost & Controlling it Difficult?
Most uncertain or fluctuating price items as far as entire development goes are Land and Sale prices, but other areas remain fairly possible to estimate at very early stage in project.Even then, Why does following are...
Ghizal Miri
How to raise rent?
Hi, I have been renting a house in Sugar Land Texas for almost a year. Since taxes have gone up, my mortgage has gone up as well. How do I go about increasing rent so that my renter does not get angry and move out? I ...
Will LHeureux
Good Tenant for the past year. Would you raise rent?
Would you raise rent in a good tenant that has paid on time without issue for the whole year?