In August we purchased a 7 unit commercial building that was in need of A LOT of love. Every unit will need a significant rehab. The current configuration is there are 3 2 bedroom apartments upstairs, 3 mirrored commercial units downstairs (can’t be apartments due to window height), and 1 …
In my efforts to achieve financial independence there are 3 pathways that I am working towards. The first pathway is saving up assets in retirement accounts like most people. The second is buying distressed real estate, fixing it up, and turning it into rentals. The third is through side hustles, …
Home prices have skyrocketed across the country and the main beneficiary is seeming to be local municipalities. With property taxes based on market values, the property tax base of most municipalities in the country have effectively doubled. In addition to this major increase in valuations based on new sales and …
I charge a large late fee to all of my tenants. It isn’t because I am evil, it is because the market dictates that I must. I currently own 22 units and here are the reasons I have decided to charge a large late fee. I Don’t Want To …